In a filing, Tennant Co revealed its SVP, INNOVATION & TECHNOLOGY Balinski Barb unloaded Company’s shares for reported $0.14 million on Aug 28 ’24. In the deal valued at $96.61 per share,1,500 shares were sold. As a result of this transaction, Balinski Barb now holds 8,489 shares worth roughly $0.68 million.
Then, Balinski Barb bought 1,500 shares, generating $144,908 in total proceeds.
Before that, ERICKSON KRISTIN A. sold 1,270 shares. Tennant Co shares valued at $140,532 were divested by the SVP, GENERAL COUNSEL at a price of $110.66 per share. As a result of the transaction, ERICKSON KRISTIN A. now holds 10,698 shares, worth roughly $0.86 million.
Northcoast initiated its Tennant Co [TNC] rating to a Buy in a research note published on December 19, 2024; the price target was $125. A number of analysts have revised their coverage, including CL King’s analysts, who began to cover the stock in late December with a ‘”a Buy”‘ rating. CJS Securities also remained covering TNC and has increased its forecast on November 01, 2023 with a “Market outperform” recommendation from previously “Market perform” rating. Dougherty & Company started covering the stock on January 15, 2020. It rated TNC as “a Buy”.
Price Performance Review of TNC
On Tuesday, Tennant Co [NYSE:TNC] saw its stock jump 0.46% to $80.64. Over the last five days, the stock has lost -3.93%. Tennant Co shares have fallen nearly -13.00% since the year began. Nevertheless, the stocks have fallen -12.48% over the past one year. While a 52-week high of $124.11 was reached on 04/04/24, a 52-week low of $79.35 was recorded on 12/24/24. SMA at 50 days reached $87.60, while 200 days put it at $99.36.
Levels Of Support And Resistance For TNC Stock
The 24-hour chart illustrates a support level at 79.63, which if violated will result in even more drops to 78.63. On the upside, there is a resistance level at 81.26. A further resistance level may holdings at 81.89. The Relative Strength Index (RSI) on the 14-day chart is 32.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.21%. Stochastics %K at 11.03% indicates the stock is a buying.
How much short interest is there in Tennant Co?
A steep rise in short interest was recorded in Tennant Co stocks on 2024-11-29, growing by 27422.0 shares to a total of 0.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.46 million shares. There was a rise of 5.59%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 02, 2019 when Sidoti began covering the stock and recommended ‘”a Buy”‘ rating .
