Tantech Holdings Ltd (NASDAQ:TANH) currently has a daily average trading volume of 7.89M but it saw 3885822 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 -10.95 while comparing to the previous closing price of $0.16. 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 $0.1355 while lowest mark touched by it was $0.1639.
Taking a look at 20-day trading activity of Tantech Holdings Ltd (TANH) gives us an average price of $0.1796, while its current price level is -90.79% below from 52-week high level whereas it is 20.89% 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 $0.1649 while that of 200 days or SMA-200 reads an average of $0.3529. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.71% during that period while stretching the period over a month that increases to 16.36%. 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 39.62 which implies that the stock is in neutral territory.
Over the week, TANH’s stock price is moving -10.18% down while it is -12.54% when we observe its performance for the past one month. Year-to-date it is -30.62% down and over the past year, the stock is showing a downside performance of -75.78%.
The company is expected to be releasing its next quarterly report in February, 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 with 23.08% of that held by the insiders while 1.59% of its common stock has been owned by the institutions. 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 0.13. Stock’s beta reads 0.28. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.02. Its return on asset (ROA) is 3.48% on average.
