Tanfield Group PLC (LON:TAN – Get Free Report) shares dropped 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). Approximately 1,803,680 shares changed hands during trading, an increase of 2,250% from the average daily volume of 76,740 shares. The stock had previously closed at GBX 4.01 ($0.05).
Tanfield Group Price Performance
The firm has a market cap of £6.42 million, a price-to-earnings ratio of 133.67 and a beta of 0.85. The stock’s 50-day moving average price is GBX 3.86 and its 200 day moving average price is GBX 3.80. The company has a quick ratio of 10.87, a current ratio of 49.04 and a debt-to-equity ratio of 16.96.
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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