Tanfield Group (LON:TAN) Stock Price Down 1.2% – Here’s Why

Shares of Tanfield Group PLC (LON:TAN – Get Free Report) dropped 1.2% during mid-day trading on Wednesday. The company traded as low as GBX 4.20 and last traded at GBX 4.20. 29,603 shares changed hands during trading, a decline of 81% from the average session volume of 158,762 shares. The stock had previously closed at GBX 4.25.

Tanfield Group Stock Performance

The company has a market cap of £6.84 million, a PE ratio of -3.78 and a beta of 0.23. The company has a fifty day moving average of GBX 4.26 and a two-hundred day moving average of GBX 5.30.

Tanfield Group (LON:TAN – Get Free Report) last released its earnings results on Monday, September 28th. The company reported GBX 0.41 earnings per share (EPS) for the quarter. Tanfield Group had a negative net margin of 25,628.57% and a negative return on equity of 8.84%.

About Tanfield Group

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Tanfield Group PLC operates as an investment company. The company, through its 49% interest in Snorkel International Holdings LLC, produces self-propelled, towable, and push-around aerial lifts, including diesel and electric scissor lifts, mast lifts, telescopic boom lifts, and articulating booms. Tanfield Group PLC also, through its 5.76% interest in Smith Electric Vehicles Corp., designs and produces electric commercial vehicles for short haul urban fleets. Tanfield Group PLC was incorporated in 2000 and is based in Newcastle upon Tyne, the United Kingdom.

Further Reading

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