Tanfield Group (LON:TAN) Trading 16.4% Higher – Still a Buy?

Tanfield Group PLC (LON:TANGet Free Report) shot up 16.4% on Friday . The company traded as high as GBX 3.22 ($0.04) and last traded at GBX 3.20 ($0.04). 706,596 shares traded hands during trading, an increase of 2,936% from the average session volume of 23,274 shares. The stock had previously closed at GBX 2.75 ($0.04).

Tanfield Group Stock Up 16.4%

The stock has a market cap of £5.21 million, a P/E ratio of -19,036.29 and a beta of 0.83. The business’s 50 day simple moving average is GBX 2.91 and its two-hundred day simple moving average is GBX 3.29.

Tanfield Group (LON:TANGet Free Report) last announced its quarterly earnings results on Thursday, April 17th. The company reported GBX 0.17 ($0.00) earnings per share for the quarter. Tanfield Group had a negative net margin of 1.19% and a negative return on equity of 0.00%.

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.

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