Tennant (TNC) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now [Yahoo! Finance]
Tennant Company (TNC)
Last tennant company earnings: 2/20 08:30 am
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US:NYSE Investor Relations:
investors.tennantco.com/overview/default.aspx
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Source: Yahoo! Finance
However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stock. On the fundamental side, strong agreement among Wall Street analysts in raising earnings estimates for this maker of products for cleaning floors, parking lots and hospitals enhances its prospects of a trend reversal. What is a Hammer Chart and How to Trade It? This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick
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News
- Floor Cleaning Machines Market size is set to grow by USD 2.50 billion from 2024-2028, Demand from janitorial cleaning services to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
- Tennant Company Appoints New Board MemberBusiness Wire
- Tennant (NYSE: TNC) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Tennant Company Announces Grand Prize Winner in Fifth Annual Custodians Are Key ProgramBusiness Wire
- Tennant Company Hosting Investor Day at NYSE [Yahoo! Finance]Yahoo! Finance
TNC
Earnings
- 5/3/24 - Beat
TNC
Sec Filings
- 6/10/24 - Form 4
- 5/30/24 - Form SD
- 5/23/24 - Form 144
- TNC's page on the SEC website