Tanfield Group (LON:TAN) Sets New 12-Month Low – Here’s Why

Shares of Tanfield Group PLC (LON:TANGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as GBX 4.40 and last traded at GBX 4.40, with a volume of 1778683 shares traded. The stock had previously closed at GBX 4.80.

Tanfield Group Price Performance

The stock’s 50-day simple moving average is GBX 5.68 and its 200 day simple moving average is GBX 6.10. The stock has a market capitalization of £7.17 million, a P/E ratio of -4.27 and a beta of 0.54.

Tanfield Group (LON:TANGet Free Report) last announced its earnings results on Thursday, April 2nd. The company reported GBX 1.03 earnings per share (EPS) for the quarter. Tanfield Group had a negative net margin of 23,900.00% and a negative return on equity of 7.90%.

About Tanfield Group

(Get Free Report)

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.

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