Tanfield Group (LON:TAN) Stock Price Down 11.1% – What’s Next?

Tanfield Group PLC (LON:TANGet Free Report)’s share price was down 11.1% during mid-day trading on Tuesday . The company traded as low as GBX 4 and last traded at GBX 4. Approximately 637,000 shares were traded during trading, an increase of 247% from the average daily volume of 183,397 shares. The stock had previously closed at GBX 4.50.

Tanfield Group Price Performance

The stock’s 50-day moving average price is GBX 4.65 and its 200 day moving average price is GBX 5.58. The firm has a market capitalization of £6.52 million, a price-to-earnings ratio of -3.88 and a beta of 0.24.

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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