Are we looking at the next big move in Tantech Holdings Ltd (TANH)?

Tantech Holdings Ltd (NASDAQ: TANH) is -58.77% lower on its value in year-to-date trading and has touched a low of $3.02 and a high of $63.60 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 $3.83 in the last trading session, with the day’s loss setting it -0.35%.

Currently trading at $3.48, the stock is -37.27% and -44.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing -9.14% at the moment leaves the stock -72.96% off its SMA200. TANH registered -88.39% loss for a year compared to 6-month gain of -34.73%. The firm has a 50-day simple moving average (SMA 50) of $0.3006 and a 200-day simple moving average (SMA200) of $0.357445.

The stock witnessed a -44.30% loss in the last 1 month and extending the period to 3 months gives it a -39.42%, and is -35.75% 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 19.48% over the week and 11.24% over the month.

Tantech Holdings Ltd (TANH) has around 61 employees, a market worth around $4.14M and $49.10M in sales. Current P/E ratio is 3.00. Profit margin for the company is 9.93%. Distance from 52-week low is 15.23% and -94.53% from its 52-week high. The company has generated returns on investments over the last 12 months (3.87%).