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

Tan Delta Systems (LON:TAND) issued its earnings results 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 return on equity of 60.04% and a negative net margin of 129.22%.

Tan Delta Systems Stock Down 10.7%

Shares of Tan Delta Systems stock traded down GBX 3 on Wednesday, reaching GBX 25. 41,757 shares of the stock were exchanged, compared to its average volume of 9,660. The firm has a market capitalization of £18.31 million, a price-to-earnings ratio of -12.50 and a beta of 0.64. The business has a 50 day moving average price of GBX 28.56 and a two-hundred day moving average price of GBX 30.27. Tan Delta Systems has a twelve month low of GBX 20 and a twelve month high of GBX 58.50.

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.