Tanfield Group (LON:TAN) Hits New 12-Month High – Still a Buy?

Tanfield Group PLC (LON:TAN)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 7.35 and last traded at GBX 7.33, with a volume of 56599 shares. The stock had previously closed at GBX 6.40.

Tanfield Group Trading Up 14.5%

The company has a market capitalization of £11.94 million, a price-to-earnings ratio of -16.66 and a beta of 0.83. The firm has a 50-day simple moving average of GBX 6.13 and a two-hundred day simple moving average of GBX 5.33.

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.