Tan Delta Systems (LON:TAND) Issues Quarterly Earnings Results

Tan Delta Systems (LON:TAND) issued its quarterly earnings data on Wednesday. The company reported GBX (0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tan Delta Systems had a negative net margin of 129.22% and a negative return on equity of 60.04%.

Tan Delta Systems Trading Up 11.1%

Shares of TAND opened at GBX 25 on Thursday. Tan Delta Systems has a 1-year low of GBX 20 and a 1-year high of GBX 58.50. The firm’s 50-day moving average price is GBX 28.48 and its 200-day moving average price is GBX 30.21. The firm has a market capitalization of £18.31 million, a price-to-earnings ratio of -12.50 and a beta of 0.64.

About Tan Delta Systems

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.