Tantech Holdings Ltd (NASDAQ:TANH) currently has a daily average trading volume of 7.03M but it saw 2503272 shares traded in last market. With a market cap of 1.22M USD, the company’s current market price of $0.15 came falling about -4.81 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 $1.62 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.146 while lowest mark touched by it was $0.1535.
Taking a look at 20-day trading activity of Tantech Holdings Ltd (TANH) gives us an average price of $0.1523, while its current price level is -90.96% below from 52-week high level whereas it is 20.97% 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 $0.1611 while that of 200 days or SMA-200 reads an average of $0.4187. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.08% during that period while stretching the period over a month that increases to 9.78%. 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 44.86 which implies that the stock is in neutral territory.
Over the week, TANH’s stock price is moving -7.34% down while it is -6.63% when we observe its performance for the past one month. Year-to-date it is -87.69% down and over the past year, the stock is showing a downside performance of -89.54%.
The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
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 0.07. 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 0.03. Its return on asset (ROA) is 4.05% on average.
