Tennant Co’s recent filing unveils that 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 $0.72 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 $0.91 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 Friday, Tennant Co [NYSE:TNC] saw its stock jump 0.77% to $85.18. Over the last five days, the stock has gained 6.84%. Tennant Co shares have risen nearly 4.48% since the year began. Nevertheless, the stocks have fallen -5.70% over the past one year. While a 52-week high of $124.11 was reached on 01/17/25, a 52-week low of $78.57 was recorded on 01/08/25. SMA at 50 days reached $85.11, while 200 days put it at $96.68.
Levels Of Support And Resistance For TNC Stock
The 24-hour chart illustrates a support level at 84.33, which if violated will result in even more drops to 83.49. On the upside, there is a resistance level at 85.86. A further resistance level may holdings at 86.54. The Relative Strength Index (RSI) on the 14-day chart is 58.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.62, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.18%. Stochastics %K at 90.30% indicates the stock is a selling.
How much short interest is there in Tennant Co?
A steep rise in short interest was recorded in Tennant Co stocks on 2024-12-31, growing by 0.1 million shares to a total of 0.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.49 million shares. There was a rise of 17.22%, 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 .
