Trutankless (OTCMKTS:TKLS) Posts Earnings Results

Trutankless (OTCMKTS:TKLS) released its earnings results on Thursday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. The company had revenue of $0.33 million for the quarter.

Trutankless Price Performance

Shares of Trutankless stock opened at $0.12 on Friday. The firm has a market capitalization of $16.95 million, a P/E ratio of -1.50 and a beta of 3.71. Trutankless has a 52 week low of $0.00 and a 52 week high of $0.65. The firm’s 50 day moving average is $0.13 and its two-hundred day moving average is $0.19.

About Trutankless

Trutankless, Inc, through its subsidiaries, designs, manufactures and markets high-efficiency tankless water heaters and related products for residential, commercial, industrial and recreational applications. The company’s core offerings include natural gas and propane-fueled condensing and non-condensing tankless water heaters under the Trutankless and EV-Power brand names, featuring integrated recirculation technology to deliver on-demand hot water, reduce energy consumption and minimize water waste.

Founded in 2009 and headquartered in Vancouver, British Columbia, with operations in Redmond, Washington, Trutankless has developed a distribution network comprising independent sales representatives, plumbing and HVAC contractors, wholesale distributors and original equipment manufacturers.