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

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

Tan Delta Systems Stock Down 3.1%

Shares of LON TAND opened at GBX 31.50 on Wednesday. The firm has a market cap of £23.07 million, a price-to-earnings ratio of -15.75 and a beta of 0.72. Tan Delta Systems has a 52-week low of GBX 17.05 and a 52-week high of GBX 58.50. The business’s 50 day moving average is GBX 32.33 and its two-hundred day moving average is GBX 32.98.

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.