Tanfield Group (LON:TAN) Hits New 1-Year Low – Time to Sell?

Tanfield Group PLC (LON:TAN)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 4.39 and last traded at GBX 4.39, with a volume of 99920 shares traded. The stock had previously closed at GBX 5.50.

Tanfield Group Price Performance

The firm has a market cap of £7.75 million, a PE ratio of -4.62 and a beta of 0.54. The business has a fifty day moving average price of GBX 5.35 and a two-hundred day moving average price of GBX 6.08.

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

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.