Tanfield Group (LON:TAN) Shares Down 11% – Here’s Why

Tanfield Group PLC (LON:TANGet Free Report) traded down 11% on Friday . The stock traded as low as GBX 3.22 ($0.04) and last traded at GBX 3.22 ($0.04). 41,760 shares changed hands during trading, a decline of 24% from the average session volume of 55,296 shares. The stock had previously closed at GBX 3.62 ($0.05).

Tanfield Group Stock Performance

The company has a 50 day moving average of GBX 3.59 and a two-hundred day moving average of GBX 3.70. The company has a debt-to-equity ratio of 16.96, a current ratio of 68.24 and a quick ratio of 10.87. The company has a market capitalization of £5.25 million, a PE ratio of 133.67 and a beta of 0.83.

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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