Tantech Holdings Ltd (NASDAQ:TANH) currently has a daily average trading volume of 1.99M but it saw 905388 shares traded in last market. With a market cap of 1.98M USD, the company’s current market price of $0.24 came falling about -3.33 while comparing to the previous closing price of $0.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.94 and as low as $0.21.
Taking a look at 20-day trading activity of Tantech Holdings Ltd (TANH) gives us an average price of $0.5565, while its current price level is -93.96% below from 52-week high level whereas it is 13.33% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6916 while that of 200 days or SMA-200 reads an average of $1.0726. A closer look into the stock’s movement over the week reveals that its volatility is standing at 21.37% during that period while stretching the period over a month that decreases to 11.54%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 18.63 which implies that the stock is in oversold territory.
Over the week, TANH’s stock price is moving -49.89% down while it is -70.25% when we observe its performance for the past one month. Year-to-date it is -80.00% down and over the past year, the stock is showing a downside performance of -91.22%.
Currently, Tantech Holdings Ltd’s total number of outstanding shares is 8.34M. Company’s return on investment (ROI) stands at 4.40% and return on equity (ROE) at 4.58%. It has a price to earnings ratio (P/E ratio) of 0.12. Stock’s beta reads 0.46. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.04. Its return on asset (ROA) is 4.05% on average.
