Tanfield Group (LON:TAN) Reaches New 12-Month Low – Time to Sell?

Shares of Tanfield Group PLC (LON:TANGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 4.39 and last traded at GBX 4.39, with a volume of 99920 shares changing hands. The stock had previously closed at GBX 5.50.

Tanfield Group Price Performance

The stock has a 50-day simple moving average of GBX 5.43 and a 200-day simple moving average of GBX 6.10. The stock has a market cap of £7.16 million, a PE ratio of -4.27 and a beta of 0.54.

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

Tanfield Group Company Profile

(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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