Tialis Essential IT (LON:TIA) Posts Quarterly Earnings Results

Tialis Essential IT (LON:TIA) released its quarterly earnings data on Tuesday. The company reported GBX (1.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tialis Essential IT had a negative net margin of 6.76% and a negative return on equity of 8.28%.

Tialis Essential IT Trading Down 3.2%

LON:TIA traded down GBX 1.50 during mid-day trading on Friday, hitting GBX 45. 475 shares of the company’s stock were exchanged, compared to its average volume of 16,821. Tialis Essential IT has a fifty-two week low of GBX 28 and a fifty-two week high of GBX 113. The firm has a market capitalization of £17.96 million, a P/E ratio of -8.11 and a beta of 1.04. The company has a 50 day simple moving average of GBX 48.83 and a 200-day simple moving average of GBX 46.64.

Tialis Essential IT Company Profile

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.