Transense Technologies (LON:TRT) Hits New 52-Week Low – Should You Sell?

Shares of Transense Technologies plc (LON:TRT) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 62 and last traded at GBX 64, with a volume of 107149 shares traded. The stock had previously closed at GBX 62.50.

Transense Technologies Trading Up 2.4%

The company has a debt-to-equity ratio of 7.26, a quick ratio of 2.95 and a current ratio of 5.17. The stock has a market cap of £9.74 million, a price-to-earnings ratio of 7.09 and a beta of 0.38. The company’s 50 day simple moving average is GBX 114.12 and its two-hundred day simple moving average is GBX 119.36.

Transense Technologies (LON:TRT) last posted its quarterly earnings results on Tuesday, February 17th. The company reported GBX 0.02 EPS for the quarter. Transense Technologies had a net margin of 37.44% and a return on equity of 30.05%. Research analysts expect that Transense Technologies plc will post 11.0073382 EPS for the current fiscal year.

About Transense Technologies

Transense is a developer of specialist wireless sensor systems used to enable real-time data gathering and monitoring. Products include the patent protected Surface Acoustic Wave (SAW) sensor technology, used to improve equipment power, performance, reliability and efficiency; iTrack, Transense’s Tyre Pressure Monitoring System, recently licensed to Bridgestone Corporation, the world’s largest tyre producer, under a ten-year deal; and a range of intelligent tyre monitoring equipment under the Translogik brand.