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

Tanfield Group PLC (LON:TAN)’s share 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. 173,187 shares changed hands during 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 Price Performance

The stock’s 50-day simple moving average is GBX 5.18 and its two-hundred day simple moving average is GBX 6. The firm has a market capitalization of £8.15 million, a P/E ratio of -4.85 and a beta of 0.54.

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

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.