Transense Technologies (LON:TRT) Reaches New 12-Month Low – Should You Sell?

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

Transense Technologies Trading Down 2.6%

The business’s 50 day moving average price is GBX 46.47 and its two-hundred day moving average price is GBX 54.62. The company has a market capitalization of £5.78 million, a price-to-earnings ratio of 6.99 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 issued 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%. On average, equities analysts predict that Transense Technologies plc will post 11.0073382 earnings per share for the current fiscal 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.