Shares of Tanfield Group PLC (LON:TAN – Get Free Report) fell 12.7% during trading on Wednesday . The company traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.50 ($0.04). 1,803,680 shares traded hands during mid-day trading, an increase of 2,250% from the average session volume of 76,740 shares. The stock had previously closed at GBX 4.01 ($0.05).
Tanfield Group Trading Down 1.0 %
The stock has a market capitalization of £6.42 million, a PE ratio of 133.67 and a beta of 0.85. The company has a current ratio of 49.04, a quick ratio of 10.87 and a debt-to-equity ratio of 16.96. The business’s 50-day moving average is GBX 3.86 and its two-hundred day moving average is GBX 3.80.
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.
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