Transcat, Inc. (NASDAQ:TRNS) posted its earnings results on Tuesday. The scientific and technical instruments company reported $0.12 earnings per share for the quarter, Bloomberg Earnings reports. Transcat had a net margin of 3.08% and a return on equity of 10.63%. The firm had revenue of $36.28 million during the quarter.
Transcat (NASDAQ:TRNS) traded down 0.969% during mid-day trading on Wednesday, reaching $12.775. 15,519 shares of the company traded hands. Transcat has a 52-week low of $9.86 and a 52-week high of $14.05. The stock has a 50-day moving average of $12.22 and a 200 day moving average of $11.94. The stock has a market capitalization of $90.80 million, a PE ratio of 19.961 and a beta of 0.33.
About Transcat
Transcat, Inc is a provider of calibration and laboratory instrument services and a distributor of professional grade test, measurement and control instrumentation. The Company conducts its business through two segments: service (Service) and distribution (Distribution). Through the Service segment, the Company offers calibration, repair, inspection, analytical qualifications, preventative maintenance and other related services, a majority of which are processed through its asset management system, CalTrak (CalTrak).
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