Tanfield Group (LON:TAN) Shares Down 11.5%

Shares of Tanfield Group PLC (LON:TAN) dropped 11.5% on Tuesday . The company traded as low as GBX 3.55 ($0.04) and last traded at GBX 3.55 ($0.04). Approximately 150,006 shares changed hands during trading, an increase of 105% from the average daily volume of 73,328 shares. The stock had previously closed at GBX 4.01 ($0.05).

Tanfield Group Trading Down 7.5 %

The firm has a market cap of £6.04 million, a P/E ratio of 133.67 and a beta of 0.86. The business’s 50 day moving average is GBX 3.84 and its 200-day moving average is GBX 3.82. The company has a quick ratio of 10.87, a current ratio of 49.04 and a debt-to-equity ratio of 16.96.

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.