Tanfield Group (LON:TAN) Hits New 52-Week Low – What’s Next?

Tanfield Group PLC (LON:TAN)’s share price hit a new 52-week low during mid-day trading on Monday. The company traded as low as GBX 3.59 and last traded at GBX 3.59, with a volume of 82 shares changing hands. The stock had previously closed at GBX 4.25.

Tanfield Group Trading Down 15.4%

The company has a market capitalization of £5.85 million, a P/E ratio of -3.24 and a beta of 0.23. The company’s fifty day moving average is GBX 4.27 and its 200 day moving average is GBX 5.28.

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

Tanfield Group Company Profile

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.