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Tan Delta Systems Secures £120,000 Order from Shell Marine

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Tan Delta Systems Secures £120,000 Order from Shell Marine

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Tan Delta Systems PLC ( (GB:TAND) ) just unveiled an announcement.

Tan Delta Systems PLC has secured a new order worth approximately £120,000 from Shell Marine Products Singapore, a division of SHELL. This order involves the deployment of Tan Delta’s real-time oil analysis sensors on a range of vessels to monitor critical equipment. The sensors provide real-time oil condition monitoring, enabling predictive maintenance and detection of potential issues. Despite being a small order in the broader commercial marine market, it signifies growing market confidence in Tan Delta’s innovative technology.

The most recent analyst rating on (GB:TAND) stock is a Hold with a £20.50 price target. To see the full list of analyst forecasts on Tan Delta Systems PLC stock, see the GB:TAND Stock Forecast page.

Spark’s Take on GB:TAND Stock

According to Spark, TipRanks’ AI Analyst, GB:TAND is a Neutral.

The overall stock score of 44 reflects significant financial challenges, including declining revenues and negative profitability, which are the most impactful factors. Technical analysis provides mixed signals, with bearish momentum but potential for a rebound due to oversold conditions. Poor valuation further weighs down the score, with negative earnings and no dividend yield.

To see Spark’s full report on GB:TAND stock, click here.

More about Tan Delta Systems PLC

Tan Delta Systems is a UK-based technology leader specializing in real-time oil condition monitoring. Their patented sensor technology and predictive analytics serve various sectors, including power generation, marine, manufacturing, and transportation, helping businesses reduce downtime, prevent equipment failure, and optimize maintenance. Tan Delta’s solutions are globally trusted by OEMs and end-users to enhance performance and minimize environmental impact.

Average Trading Volume: 2,883

Technical Sentiment Signal: Buy

Current Market Cap: £15.38M

Find detailed analytics on TAND stock on TipRanks’ Stock Analysis page.

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