Tialis Essential IT (LON:TIA) Posts Earnings Results

Tialis Essential IT (LON:TIA) announced its earnings results on Tuesday. The company reported GBX (1.01) earnings per share for the quarter, Digital Look Earnings reports. Tialis Essential IT had a negative return on equity of 18.74% and a negative net margin of 9.02%.

Tialis Essential IT Trading Down 6.2%

Shares of LON TIA opened at GBX 45 on Tuesday. The business’s fifty day simple moving average is GBX 49.24 and its 200-day simple moving average is GBX 47.18. Tialis Essential IT has a 12-month low of GBX 28 and a 12-month high of GBX 113. The stock has a market cap of £17.96 million, a P/E ratio of -8.11 and a beta of 1.04.

About Tialis Essential IT

Tialis Essential IT PLC, through its subsidiaries, provides network, cloud, and IT managed services to public and private companies in the United Kingdom. The company focuses on the storage, build, configuration, and shipping of all end-user devices, as well as offers on-site support engineers, tech bars, server maintenance, and fully managed project deployments. It also offers device lifecycle management and professional services. The company was formerly known as IDE Group Holdings plc and changed its name to Tialis Essential IT PLC in November 2022.