Crimson Tide (LON:TIDE) Posts Quarterly Earnings Results

Crimson Tide (LON:TIDE) announced its quarterly earnings results on Wednesday. The company reported GBX 4.90 earnings per share for the quarter, Digital Look Earnings reports. Crimson Tide had a negative return on equity of 1.14% and a negative net margin of 1.36%.

Crimson Tide Stock Up 4.0%

Crimson Tide stock opened at GBX 68.61 on Wednesday. Crimson Tide has a 52 week low of GBX 45 and a 52 week high of GBX 110. The stock has a market cap of £4.51 million, a price-to-earnings ratio of -4.41 and a beta of 0.58. The company’s 50-day moving average price is GBX 58.80 and its two-hundred day moving average price is GBX 58.57. The company has a current ratio of 2.77, a quick ratio of 4.25 and a debt-to-equity ratio of 2.01.

About Crimson Tide

Crimson Tide plc provides mobility solutions and related software development services primarily in the United Kingdom and Ireland. It provides mpro5, a mobile business solution that provides software, Windows Azure cloud infrastructure, and installation and support, as well as job scheduling, alerting, and reporting services.