Tennant Co V.TNC

Primary Symbol: TNC

Industrials

Tennant Company is engaged in designing, manufacturing and marketing solutions. The Company’s products include floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including factories and warehouses, distribution centers, office buildings, public venues, such as arenas and stadiums, schools and universities, hospitals and clinics, and more. The Company markets its offerings under various brands: Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei and Rongen brands as well as private-label brands. The Company has approximately 11 global manufacturing locations and operates in three geographic areas including the Americas, Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC).

NYSE:TNC - Post by User

Tennant Co > Any Ideas on Bounce Levels?

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Post by 93Darkhorse93on Sep 14, 2016 3:26pm

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Post# 25237231

Any Ideas on Bounce Levels?

This thing has been a whipsaw the last month of so even as estimates keep going higher. Trying to time adding to a core position but looks like catching a falling knife lately. Looking at the chart I see a couple bounce points; 2.00(200DMA) if not 1.80 (Spring Consolidation) if not 1.60 (2016 Lows). What does an EBITDA multiple look like at the 2.00 a share level?

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