Tanfield Group (LON:TAN) Trading Down 8.3% – Should You Sell?

Tanfield Group PLC (LON:TANGet Free Report)’s stock price was down 8.3% during trading on Wednesday . The stock traded as low as GBX 5 and last traded at GBX 5. Approximately 297 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 23,754 shares. The stock had previously closed at GBX 5.45.

Tanfield Group Stock Performance

The company’s 50 day moving average price is GBX 5.03 and its 200 day moving average price is GBX 4.59. The company has a market cap of £8.15 million, a price-to-earnings ratio of -11.36 and a beta of 0.83.

Tanfield Group (LON:TANGet Free Report) last announced its earnings results on Tuesday, September 30th. The company reported GBX (0.33) earnings per share (EPS) for the quarter. Tanfield Group had a negative return on equity of 0.00% and a negative net margin of 1.19%.

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.

Further Reading

Receive News & Ratings for Tanfield Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tanfield Group and related companies with MarketBeat.com's FREE daily email newsletter.