Tanfield Group (LON:TAN) Trading Up 9.6% – Still a Buy?

Tanfield Group PLC (LON:TAN)’s share price rose 9.6% during trading on Tuesday . The stock traded as high as GBX 6 and last traded at GBX 6. Approximately 2,000,800 shares traded hands during mid-day trading, an increase of 1,763% from the average daily volume of 107,424 shares. The stock had previously closed at GBX 5.48.

Tanfield Group Stock Up 9.6%

The company has a fifty day moving average price of GBX 6.55 and a 200-day moving average price of GBX 6.08. The stock has a market capitalization of £9.77 million, a P/E ratio of -5.83 and a beta of 0.54.

Tanfield Group (LON:TAN) last issued its earnings results 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%.

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. Tanfield Group PLC was incorporated in 2000 and is based in Newcastle upon Tyne, the United Kingdom.