Tanfield Group (LON:TAN) Shares Up 12.5% – Should You Buy?

Tanfield Group PLC (LON:TAN – Get Free Report)’s stock price traded up 12.5% during trading on Wednesday. The company traded as high as GBX 4.85 and last traded at GBX 4.50. 149,707 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 167,106 shares. The stock had previously closed at GBX 4.

Tanfield Group Stock Performance

The firm has a market cap of £7.33 million, a PE ratio of -4.05 and a beta of 0.23. The firm has a fifty day simple moving average of GBX 4.25 and a two-hundred day simple moving average of GBX 5.

Tanfield Group (LON:TAN – Get Free Report) last issued its quarterly earnings data on Monday, September 28th. The company reported GBX 0.41 earnings per share (EPS) for the quarter. Tanfield Group had a negative return on equity of 8.84% and a negative net margin of 25,628.57%.

Tanfield Group Company Profile

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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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