Tantech Holdings Ltd (NASDAQ:TANH) currently has a daily average trading volume of 1.80M but it saw 2390957 shares traded in last market. With a market cap of 1.16M USD, the company’s current market price of $0.14 came falling about -5.25 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.94 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.131 while lowest mark touched by it was $0.146.
Taking a look at 20-day trading activity of Tantech Holdings Ltd (TANH) gives us an average price of $0.1735, while its current price level is -96.47% below from 52-week high level whereas it is 14.78% 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 $0.4888 while that of 200 days or SMA-200 reads an average of $0.9101. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.56% during that period while stretching the period over a month that increases to 15.62%. 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 21.18 which implies that the stock is in oversold territory.
Over the week, TANH’s stock price is moving 7.09% up while it is -70.74% when we observe its performance for the past one month. Year-to-date it is -88.32% down and over the past year, the stock is showing a downside performance of -93.22%.
Currently, Tantech Holdings Ltd’s total number of outstanding shares is 8.34M with 23.08% of that held by the insiders while 19.48% of its common stock has been owned by the institutions. 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 0.07. Stock’s beta reads 0.42. 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.
