Tantech Holdings Ltd (NASDAQ:TANH) currently has a daily average trading volume of 8.19M but it saw 7352412 shares traded in last market. With a market cap of 1.50M USD, the company’s current market price of $0.18 came falling about -12.29 while comparing to the previous closing price of $0.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.59 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.172 while lowest mark touched by it was $0.2011.
Taking a look at 20-day trading activity of Tantech Holdings Ltd (TANH) gives us an average price of $0.1772, while its current price level is -88.69% below from 52-week high level whereas it is 48.55% 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 $0.1628 while that of 200 days or SMA-200 reads an average of $0.3872. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.72% during that period while stretching the period over a month that decreases to 16.58%. 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 50.00 which implies that the stock is in neutral territory.
Over the week, TANH’s stock price is moving -14.74% down while it is 22.38% when we observe its performance for the past one month. Year-to-date it is -14.74% down and over the past year, the stock is showing a downside performance of -81.06%.
Currently, Tantech Holdings Ltd’s total number of outstanding shares is 8.34M. Company’s return on investment (ROI) stands at 3.87% and return on equity (ROE) at 3.96%. It has a price to earnings ratio (P/E ratio) of 0.16. Stock’s beta reads 0.30. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.03. Its return on asset (ROA) is 3.48% on average.
