Tan Delta Systems (LON:TAND) Announces Earnings Results

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

Tan Delta Systems Price Performance

Shares of TAND stock opened at GBX 30 on Thursday. The business’s fifty day moving average price is GBX 32.31 and its 200 day moving average price is GBX 32.86. Tan Delta Systems has a 1-year low of GBX 17.05 and a 1-year high of GBX 58.50. The firm has a market capitalization of £21.97 million, a PE ratio of -15.00 and a beta of 0.72.

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.