Tanfield Group (LON:TAN) Stock Price Down 21.2% – What’s Next?

Tanfield Group PLC (LON:TAN)’s stock price fell 21.2% during mid-day trading on Monday . The company traded as low as GBX 4.37 and last traded at GBX 4.37. Approximately 173,187 shares changed hands during mid-day trading, a decline of 12% from the average session volume of 197,767 shares. The stock had previously closed at GBX 5.55.

Tanfield Group Stock Performance

The stock has a market cap of £7.12 million, a price-to-earnings ratio of -4.24 and a beta of 0.54. The stock’s 50-day simple moving average is GBX 5.24 and its two-hundred day simple moving average is GBX 6.03.

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

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. Tanfield Group PLC was incorporated in 2000 and is based in Newcastle upon Tyne, the United Kingdom.