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

Tan Delta Systems (LON:TAND) released 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 Price Performance

TAND stock traded down GBX 4 during mid-day trading on Wednesday, hitting GBX 24. 41,674 shares of the stock were exchanged, compared to its average volume of 9,659. The business has a fifty day moving average price of GBX 28.56 and a 200 day moving average price of GBX 30.27. Tan Delta Systems has a 12 month low of GBX 20 and a 12 month high of GBX 58.50. The stock has a market capitalization of £17.57 million, a price-to-earnings ratio of -12.00 and a beta of 0.64.

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.