Transense Technologies (LON:TRT) Hits New 52-Week Low – What’s Next?

Transense Technologies plc (LON:TRT) shares hit a new 52-week low during mid-day trading on Monday. The stock traded as low as GBX 38 and last traded at GBX 38, with a volume of 5712 shares changing hands. The stock had previously closed at GBX 39.

Transense Technologies Stock Performance

The stock’s fifty day simple moving average is GBX 46.03 and its 200-day simple moving average is GBX 54.22. The company has a market capitalization of £5.69 million, a price-to-earnings ratio of 6.87 and a beta of 0.38. The company has a current ratio of 3.53, a quick ratio of 2.95 and a debt-to-equity ratio of 17.42.

Transense Technologies (LON:TRT) last announced its quarterly earnings data on Wednesday, September 23rd. The company reported GBX (0.69) earnings per share (EPS) for the quarter. Transense Technologies had a negative net margin of 2.27% and a negative return on equity of 1.47%. Analysts predict that Transense Technologies plc will post 11.0073382 EPS for the current year.

Transense Technologies Company Profile

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.