Tantech Holdings Ltd (NASDAQ:TANH) currently has a daily average trading volume of 2.14M but it saw 1831434 shares traded in last market. With a market cap of 1.08M USD, the company’s current market price of $0.13 came falling about -2.63 while comparing to the previous closing price of $0.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.94 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.1253 while lowest mark touched by it was $0.135.
Taking a look at 20-day trading activity of Tantech Holdings Ltd (TANH) gives us an average price of $0.2707, while its current price level is -96.71% below from 52-week high level whereas it is 3.59% 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 $0.5584 while that of 200 days or SMA-200 reads an average of $0.9734. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.31% during that period while stretching the period over a month that increases to 14.66%. 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 14.60 which implies that the stock is in oversold territory.
Over the week, TANH’s stock price is moving -19.93% down while it is -76.49% when we observe its performance for the past one month. Year-to-date it is -89.09% down and over the past year, the stock is showing a downside performance of -94.48%.
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 0.06. Stock’s beta reads 0.48. Stock has a price to book (P/B) ratio of 0.00 while price to sale or P/S ratio amounts to 0.02. Its return on asset (ROA) is 4.05% on average.
