(VIANEWS) – Shares of Tennant (NYSE: TNC) jumped by a staggering 11.37% to $74.16 at 11:50 EST on Friday, after two sequential sessions in a row of gains. NYSE is jumping 0.62% to $15,527.32, following the last session’s upward trend. This seems, at the moment, a somewhat up trend exchanging session today.
Tennant’s last close was $66.59, 10.23% below its 52-week high of $74.18.
About Tennant
Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, IPC, VLX, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. It markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.
Earnings Per Share
As for profitability, Tennant has a trailing twelve months EPS of $3.64.
PE Ratio
Tennant has a trailing twelve months price to earnings ratio of 20.37. Meaning, the purchaser of the share is investing $20.37 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.62%.
Volume
Today’s last reported volume for Tennant is 68637 which is 14.34% below its average volume of 80135.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Tennant’s EBITDA is 49.28.
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