Tanfield Group (LON:TAN) Hits New 1-Year High – Here’s Why

Tanfield Group PLC (LON:TANGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 7.73 and last traded at GBX 7.28, with a volume of 302756 shares trading hands. The stock had previously closed at GBX 6.65.

Tanfield Group Stock Performance

The business’s 50 day moving average price is GBX 6.38 and its 200-day moving average price is GBX 5.62. The firm has a market capitalization of £11.86 million, a PE ratio of -16.55 and a beta of 0.83.

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

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