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

Tan Delta Systems (LON:TAND) issued its earnings results on Wednesday. The company reported GBX (0.01) 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 Stock Performance

Shares of TAND stock traded down GBX 3 during mid-day trading on Wednesday, hitting GBX 25. The company’s stock had a trading volume of 41,757 shares, compared to its average volume of 9,660. The stock has a market cap of £18.31 million, a price-to-earnings ratio of -12.50 and a beta of 0.64. Tan Delta Systems has a 52-week low of GBX 20 and a 52-week high of GBX 58.50. The business has a 50-day moving average price of GBX 28.56 and a 200 day moving average price of GBX 30.27.

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.