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Tennant Co V.TNC


Primary Symbol: TNC

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

Comment by ArmchairAnalyst99on Sep 14, 2016 5:18pm
115 Views
Post# 25237720

RE:Any Ideas on Bounce Levels?

RE:Any Ideas on Bounce Levels?I have been adding at these levels. Looking at 200 moving day average of $2 should be a good point of resistance, however I expect this to bounce back to the 50 day moving average by next week around $2.30 and with Q results coming in the short term we should see new 52 week highs. There is nothing wrong with the fundamentals of the company. The market is spooked this week due to rate hike talk south of the border and perhaps investors are taking profits off the table and investing in commodities or bonds. 
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