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

Tialis Essential IT (LON:TIA – Get Free Report) released 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 net margin of 9.02% and a negative return on equity of 18.74%.

Tialis Essential IT Stock Performance

Shares of LON:TIA traded down GBX 3 during midday trading on Tuesday, hitting GBX 45. 2,087 shares of the stock were exchanged, compared to its average volume of 17,029. The business’s 50-day moving average price is GBX 49.24 and its 200 day moving average price is GBX 47.18. The stock has a market capitalization of £17.96 million, a price-to-earnings ratio of -8.11 and a beta of 1.04. Tialis Essential IT has a 12 month low of GBX 28 and a 12 month high of GBX 113.

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Tialis Essential IT Company Profile

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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.

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