Tan Delta Systems (LON:TAND) Announces Earnings Results

Tan Delta Systems (LON:TAND) released its earnings results on Wednesday. The company reported GBX (0.02) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tan Delta Systems had a negative net margin of 131.41% and a negative return on equity of 41.88%. The business had revenue of GBX 122 million during the quarter.

Tan Delta Systems Stock Down 3.1%

Tan Delta Systems stock opened at GBX 31.50 on Wednesday. Tan Delta Systems has a 12-month low of GBX 17.05 and a 12-month high of GBX 58.50. The business’s 50-day moving average price is GBX 32.33 and its two-hundred day moving average price is GBX 32.98. The stock has a market cap of £23.07 million, a PE ratio of -15.75 and a beta of 0.72.

Tan Delta Systems Company Profile

Tan Delta Systems plc engages in development and supply of oil condition monitoring equipment to reduce oil consumption, maintenance costs, breakdowns, and carbon footprint in the United Kingdom, Europe, and internationally. It offers sensors; mobile oil tester, sensor, and gateway kits; accessories, such as gateways, display express, gateway hubs, and manifolds; and oil profile services. The company serves the bioenergy, power generation, mining and mineral, commercial marine, manufacturing, agriculture, utilities, and transportation industries.