Tan Delta Systems (LON:TAND) Announces Earnings Results

Tan Delta Systems (LON:TAND) released its quarterly 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 Price Performance

Shares of TAND stock traded down GBX 3 during trading hours on Wednesday, hitting GBX 25. 41,757 shares of the company’s stock were exchanged, compared to its average volume of 9,660. Tan Delta Systems has a 52 week low of GBX 20 and a 52 week high of GBX 58.50. The stock has a market cap of £18.31 million, a price-to-earnings ratio of -12.50 and a beta of 0.64. The stock’s 50-day moving average is GBX 28.56 and its 200-day moving average is GBX 30.27.

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.