Shares of Tanfield Group PLC (LON:TAN – Get Free Report) dropped 11% during trading on Friday . The stock traded as low as GBX 3.22 ($0.04) and last traded at GBX 3.22 ($0.04). Approximately 41,760 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 55,296 shares. The stock had previously closed at GBX 3.62 ($0.05).
Tanfield Group Trading Up 5.6 %
The business’s 50-day moving average is GBX 3.58 and its 200 day moving average is GBX 3.69. The firm has a market capitalization of £5.54 million, a P/E ratio of 133.67 and a beta of 0.83. The company has a debt-to-equity ratio of 16.96, a current ratio of 68.24 and a quick ratio of 10.87.
Tanfield Group Company Profile
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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