Tantech Holdings Ltd (TANH) Stock Could Soon Reward Patient Investors

Tantech Holdings Ltd (NASDAQ: TANH) is 7.97% higher on its value in year-to-date trading and has touched a low of $0.81 and a high of $3.65 in the current 52-week trading range. The TANH stock was last observed hovering at around $1.33 in the last trading session, with the day’s gains setting it 0.16%.

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Currently trading at $1.49, the stock is 2.65% and -28.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.66 million and changing 12.03% at the moment leaves the stock -12.36% off its SMA200. TANH registered -0.67% loss for a year compared to 6-month loss of -11.31%. The firm has a 50-day simple moving average (SMA 50) of $1.6842 and a 200-day simple moving average (SMA200) of $2.0009.

The stock witnessed a -3.87% gain in the last 1 month and extending the period to 3 months gives it a -44.81%, and is 7.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.28% over the week and 7.85% over the month.

Tantech Holdings Ltd (TANH) has around 70 employees, a market worth around $53.88M and $51.20M in sales. Profit margin for the company is -11.30%. Distance from 52-week low is 83.95% and -59.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.50%).

Tantech Holdings Ltd (TANH) Analyst Forecasts

The EPS is expected to shrink by -418.70% this year.

Tantech Holdings Ltd (TANH) Top Institutional Holders

7 institutions hold shares in Tantech Holdings Ltd (TANH), with 9.48M shares held by insiders accounting for 32.82% while institutional investors hold 2.27% of the company’s shares. The shares outstanding are 28.87M, and float is at 24.11M with Short Float at 2.91%. Institutions hold 1.53% of the Float.

The top institutional shareholder in the company is Renaissance Technologies, LLC with over 0.39 million shares valued at $0.98 million. The investor’s holdings represent 1.10% of the TANH Shares outstanding. As of Sep 29, 2020, the second largest holder is HRT Financial LLC with 95863.0 shares valued at $0.24 million to account for 0.27% of the shares outstanding. The other top investors are Geode Capital Management, LLC which holds 31503.0 shares representing 0.09% and valued at over $78442.0, while Citadel Advisors LLC holds 0.04% of the shares totaling 12885.0 with a market value of $32083.0.

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Tantech Holdings Ltd (TANH): Who are the competitors?

The company’s main competitors (and peers) include FMC Corporation (FMC) that is trading 21.33% up over the past 12 months. NL Industries Inc. (NL) is 35.28% up on the 1-year trading charts. Short interest in the company’s stock has fallen -12.55% from the last report on Nov 12, 2020 to stand at a total of 0.79 million short shares sold with a short interest ratio of 0.08.

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