Tanfield Group (LON:TAN) Shares Down 11.5%

Tanfield Group PLC (LON:TAN)’s stock price traded down 11.5% during trading on Tuesday . The company traded as low as GBX 3.55 ($0.04) and last traded at GBX 3.55 ($0.04). 150,006 shares were traded during trading, an increase of 105% from the average session volume of 73,328 shares. The stock had previously closed at GBX 4.01 ($0.05).

Tanfield Group Stock Down 7.5 %

The stock has a market cap of £6.04 million, a price-to-earnings ratio of 133.67 and a beta of 0.86. The company has a debt-to-equity ratio of 16.96, a quick ratio of 10.87 and a current ratio of 49.04. The firm’s 50-day simple moving average is GBX 3.84 and its two-hundred day simple moving average is GBX 3.82.

About Tanfield Group

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.