Tennant Company (TNC) Soars 2.14% on February 24

Equities Staff  |

Tennant Company (TNC) had a good day on the market for Wednesday February 24 as shares jumped 2.14% to close at $79.11. About 78,496 shares traded hands on 1,378 trades for the day, compared with an average daily volume of n/a shares out of a total float of 18.47 million. After opening the trading day at $78.01, shares of Tennant Company stayed within a range of $79.74 to $77.72.

With today's gains, Tennant Company now has a market cap of $1.46 billion. Shares of Tennant Company have been trading within a range of $84.71 and $46.64 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Tennant Co is into a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in three geographic business units including the Americas, Europe, Middle East, Africa (EMEA) and Asia Pacific (APAC). The company offers products and solutions consisting of mechanized cleaning equipment, detergent-free, and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.

Tennant Company is based out of Minneapolis, MN and has some 4,400 employees. Its CEO is H. Chris Killingstad.

For a complete fundamental analysis of Tennant Company, check out Equities.com’s Stock Valuation Analysis report for TNC.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

Tennant Company is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Tennant Company and to follow the company’s latest updates, you can visit the company’s profile page here: TNC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Market Movers