Tennant Company Stock Price on May 30, 2024
| TNC Stock | USD 85.97 1.64 1.87% |
Below is the normalized historical share price chart for Tennant Company extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tennant stands at 85.97, as last reported on the 26th of February, with the highest price reaching 87.07 and the lowest price hitting 85.97 during the day.
If you're considering investing in Tennant Stock, it is important to understand the factors that can impact its price. Tennant Company owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0289, which indicates the firm had a -0.0289 % return per unit of risk over the last 3 months. Tennant Company exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tennant's Risk Adjusted Performance of 0.0261, coefficient of variation of 3410.43, and Semi Deviation of 1.41 to confirm the risk estimate we provide.
At present, Tennant's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 12.5 M, whereas Total Stockholder Equity is forecasted to decline to about 40 M. . At present, Tennant's Price To Free Cash Flows Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 38.20, whereas Price To Sales Ratio is forecasted to decline to 0.82. Tennant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of March 1992 | 200 Day MA 93.0825 | 50 Day MA 84.422 | Beta 1.005 |
Tennant |
Sharpe Ratio = -0.0289
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| Negative Returns | TNC |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tennant is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tennant by adding Tennant to a well-diversified portfolio.
Price Book 2.6466 | Enterprise Value Ebitda 10.6374 | Price Sales 1.2812 | Shares Float 18.6 M | Dividend Share 1.135 |
Tennant Valuation on May 30, 2024
It is possible to determine the worth of Tennant on a given historical date. On May 30, 2024 Tennant was worth 99.58 at the beginning of the trading date compared to the closed value of 101.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tennant stock. Still, in general, we apply an absolute valuation method to find Tennant's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tennant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tennant's related companies.
| Open | High | Low | Close | Volume | |
| 99.58 | 100.77 | 98.77 | 99.24 | 196,689 | |
05/30/2024 | 99.58 | 101.07 | 99.44 | 101.05 | 103,751 |
| 101.65 | 102.17 | 100.46 | 102.02 | 154,998 |
| Backtest Tennant | | | Tennant History | | | Tennant Valuation | Previous | Next |
Tennant Trading Date Momentum on May 30, 2024
| On May 31 2024 Tennant Company was traded for 102.02 at the closing time. Highest Tennant's price during the trading hours was 102.17 and the lowest price during the day was 100.46 . The net volume was 155 K. The overall trading history on the 31st of May contributed to the next trading period price growth. The trading price change to the next next day price was 0.96% . The trading price change to current price is 3.49% . |
Tennant Company Fundamentals Correlations and Trends
By evaluating Tennant's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tennant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tennant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tennant Stock history
Tennant investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tennant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tennant Company will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tennant stock prices may prove useful in developing a viable investing in Tennant
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.1 M | 16.1 M | |
| Net Income Applicable To Common Shares | 76.2 M | 80.1 M |
Tennant Quarterly Net Working Capital |
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Tennant Stock Technical Analysis
Tennant technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Tennant Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Tennant Company cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Tennant February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Tennant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tennant shares will generate the highest return on investment. By undertsting and applying Tennant stock market strength indicators, traders can identify Tennant Company entry and exit signals to maximize returns
Tennant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tennant's price direction in advance. Along with the technical and fundamental analysis of Tennant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tennant to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0261 | |||
| Jensen Alpha | 0.0257 | |||
| Total Risk Alpha | 0.0207 | |||
| Sortino Ratio | 0.0172 | |||
| Treynor Ratio | 0.035 |
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Complementary Tools for Tennant Stock analysis
When running Tennant's price analysis, check to measure Tennant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tennant is operating at the current time. Most of Tennant's value examination focuses on studying past and present price action to predict the probability of Tennant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tennant's price. Additionally, you may evaluate how the addition of Tennant to your portfolios can decrease your overall portfolio volatility.
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