Tantech Holdings Ltd (NASDAQ: TANH) is -55.02% lower on its value in year-to-date trading and has touched a low of $0.12 and a high of $1.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TANH stock was last observed hovering at around $0.13 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.09, the stock is -36.48% and -41.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.94 million and changing -25.63% at the moment leaves the stock -71.14% off its SMA200. TANH registered -86.63% loss for a year compared to 6-month gain of -36.73%. The firm has a 50-day simple moving average (SMA 50) of $0.16256 and a 200-day simple moving average (SMA200) of $0.331225.
The stock witnessed a -41.42% loss in the last 1 month and extending the period to 3 months gives it a -42.62%, and is -33.59% down 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 10.08% over the week and 9.49% over the month.
Tantech Holdings Ltd (TANH) has around 61 employees, a market worth around $0.79M and $49.10M in sales. Current P/E ratio is 0.08. Profit margin for the company is 9.93%. Distance from 52-week low is -21.64% and -94.03% from its 52-week high. The company has generated returns on investments over the last 12 months (3.87%).
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Tantech Holdings Ltd (TANH) Top Institutional Holders
The shares outstanding are 8.34M, and float is at 6.16M with Short Float at 21.16%.
Tantech Holdings Ltd (TANH) Insider Activity
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