Tanfield Group (LON:TAN) Reaches New 12-Month Low – Here’s Why

Shares of Tanfield Group PLC (LON:TANGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as GBX 4.26 and last traded at GBX 4.26, with a volume of 337 shares trading hands. The stock had previously closed at GBX 4.84.

Tanfield Group Stock Performance

The stock has a market cap of £6.95 million, a price-to-earnings ratio of -4.14 and a beta of 0.25. The firm’s 50-day moving average price is GBX 4.93 and its two-hundred day moving average price is GBX 5.83.

About Tanfield Group

(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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