Tan Delta Systems (LON:TAND) Issues Earnings Results

Tan Delta Systems (LON:TAND) released its quarterly earnings results on Wednesday. The company reported GBX (0.01) earnings per share (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 Trading Down 10.7%

TAND traded down GBX 3 during midday trading on Wednesday, hitting GBX 25. 41,757 shares of the company traded hands, compared to its average volume of 9,660. The business has a 50 day simple moving average of GBX 28.56 and a two-hundred day simple moving average of GBX 30.27. Tan Delta Systems has a 52-week low of GBX 20 and a 52-week high of GBX 58.50. The company has a market capitalization of £18.31 million, a price-to-earnings ratio of -12.50 and a beta of 0.64.

Tan Delta Systems Company Profile

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.