(VIANEWS) – The NYSE ended the session with Tennant jumping 12.3% to $74.78 on Friday, after two consecutive sessions in a row of gains. NYSE rose 0.74% to $15,545.88, following the last session’s upward trend on what was a somewhat bullish trend exchanging session today.
Tennant’s last close was $66.59, 10.23% under 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 20.54. Meaning, the purchaser of the share is investing $20.54 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%.
Yearly Top and Bottom Value
Tennant’s stock is valued at $74.78 at 18:04 EST, higher than its 52-week high of $74.18.
Moving Average
Tennant’s worth is way above its 50-day moving average of $67.80 and way higher than its 200-day moving average of $64.10.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Tennant’s stock is considered to be overbought (>=80).
Sales Growth
Tennant’s sales growth is 5.6% for the ongoing quarter and 4.1% for the next.
More news about Tennant (TNC).
