Tialis Essential IT (LON:TIA) Issues Earnings Results

Tialis Essential IT (LON:TIA) issued its earnings results on Tuesday. The company reported GBX (1.01) earnings per share for the quarter, Digital Look Earnings reports. Tialis Essential IT had a negative return on equity of 18.74% and a negative net margin of 9.02%.

Tialis Essential IT Stock Down 3.2%

LON TIA traded down GBX 1.50 on Wednesday, hitting GBX 45. The stock had a trading volume of 2,087 shares, compared to its average volume of 17,029. The company’s 50-day moving average is GBX 49.13 and its two-hundred day moving average is GBX 47. Tialis Essential IT has a one year low of GBX 28 and a one year high of GBX 113. The stock has a market cap of £17.96 million, a price-to-earnings ratio of -8.11 and a beta of 1.04.

Tialis Essential IT Company Profile

Tialis Essential IT PLC, through its subsidiaries, provides network, cloud, and IT managed services to public and private companies in the United Kingdom. The company focuses on the storage, build, configuration, and shipping of all end-user devices, as well as offers on-site support engineers, tech bars, server maintenance, and fully managed project deployments. It also offers device lifecycle management and professional services. The company was formerly known as IDE Group Holdings plc and changed its name to Tialis Essential IT PLC in November 2022.