Tanfield Group (LON:TAN) Sets New 12-Month Low – Here’s What Happened

Shares of Tanfield Group PLC (LON:TAN) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 3 ($0.04) and last traded at GBX 3 ($0.04), with a volume of 119584 shares changing hands. The stock had previously closed at GBX 3.20 ($0.04).

Tanfield Group Trading Down 6.3 %

The company has a 50 day simple moving average of GBX 3.41 and a 200 day simple moving average of GBX 3.53. The stock has a market capitalization of £4.89 million, a PE ratio of -17,846.52 and a beta of 0.83.

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.