Transense Technologies (LON:TRT) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Transense Technologies plc (LON:TRT)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 113.52 and traded as low as GBX 66.50. Transense Technologies shares last traded at GBX 70, with a volume of 68,969 shares trading hands.

Transense Technologies Stock Up 2.9%

The stock has a 50 day moving average price of GBX 98.31 and a 200 day moving average price of GBX 113.52. The company has a debt-to-equity ratio of 14.22, a quick ratio of 2.95 and a current ratio of 4.43. The company has a market capitalization of £10.65 million, a P/E ratio of 7.75 and a beta of 0.38.

Transense Technologies (LON:TRT) last posted its quarterly earnings data on Tuesday, February 17th. The company reported GBX 0.02 earnings per share (EPS) for the quarter. Transense Technologies had a net margin of 16.10% and a return on equity of 12.05%. Equities research analysts forecast 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.