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

Tan Delta Systems (LON:TAND) posted its earnings results on Wednesday. The company reported GBX (0.01) earnings per share 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 Stock Performance

Shares of LON TAND opened at GBX 24 on Wednesday. The business’s 50-day simple moving average is GBX 28.56 and its 200-day simple moving average is GBX 30.27. Tan Delta Systems has a 52 week low of GBX 20 and a 52 week high of GBX 58.50. The firm has a market cap 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.