Tanfield Group (LON:TAN) Trading Down 6.1% – Here’s What Happened

Tanfield Group PLC (LON:TANGet Free Report) shares dropped 6.1% on Thursday . The company traded as low as GBX 5 and last traded at GBX 5. Approximately 135,000 shares were traded during trading, an increase of 50% from the average daily volume of 89,773 shares. The stock had previously closed at GBX 5.33.

Tanfield Group Stock Performance

The stock has a 50 day moving average price of GBX 5.92 and a two-hundred day moving average price of GBX 6.11. The company has a market capitalization of £7.36 million, a PE ratio of -4.39 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 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

(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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