Transense Technologies (LON:TRT) Stock Jumps 2.8% – What’s Next?

Transense Technologies plc (LON:TRT – Get Free Report)’s share price was up 2.8% on Thursday. The stock traded as high as GBX 40 and last traded at GBX 40. 59,618 shares traded hands during trading, an increase of 10% from the average session volume of 54,367 shares. The stock had previously closed at GBX 38.90.

Transense Technologies Stock Performance

The firm has a market capitalization of £6.09 million, a PE ratio of -57.97 and a beta of 0.38. The company has a debt-to-equity ratio of 17.42, a current ratio of 3.53 and a quick ratio of 2.95. The stock has a 50-day moving average price of GBX 42.76 and a 200-day moving average price of GBX 55.01.

Transense Technologies (LON:TRT – Get Free Report) last released its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (0.69) EPS for the quarter. Transense Technologies had a negative return on equity of 1.47% and a negative net margin of 2.27%. On average, research analysts expect that Transense Technologies plc will post 11.01 EPS for the current fiscal year.

Insider Activity

In other Transense Technologies news, insider Ryan Maughan bought 23,002 shares of the business’s stock in a transaction on Monday, October 5th. The shares were bought at an average cost of GBX 43 per share, with a total value of £9,890.86. 46.53% of the stock is currently owned by insiders.

Transense Technologies Company Profile

(Get Free Report)

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.

Further Reading

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