Tantech Holdings Ltd (NASDAQ:TANH) does about 2.19M shares in volume on a normal day but saw 2363757 shares change hands in the recent trading day. The company now has a market cap of 1.05M USD. Its current market price is $0.13, marking an increase of 2.23% compared to the previous close of $0.12. The 52 week high reached by this stock is $3.94 whilst the lowest price level in 52 weeks is $0.12.
Tantech Holdings Ltd (TANH) has a 20-day trading average at $0.2268 and the current price is -96.80% off the 52-week high compared with 4.05% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5288 and its 200-day simple moving average is $0.9495. If we look at the stock’s price movements over the week, volatility stands at 8.52%, which increases to 14.52% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 15.13 to suggest the stock is oversold.
Tantech Holdings Ltd (TANH) stock is down -12.50% over the week and -77.66% over the past month. Its price is -89.41% year-to-date and -93.40% over the past year.
Outstanding shares total 8.34M with insiders holding 23.08% of the shares and institutional holders owning 19.48% of the company’s common stock. The company has a return on investment of 4.40% and return on equity of 4.58%. The price to earnings ratio (P/E ratio) amounts to 0.06. The beta has a value of 0.44. Price to book ratio is 0.00 and price to sales ratio is 0.02.
