Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Tantech Holdings Ltd’s current trading price is -90.78% away from its 52-week high, while its distance from the 52-week low is 33.37%. The stock’s price range over this period has fluctuated between $0.55 and $7.97. The company, operating within the financial sector, had a trading volume of approximately 53956.0 for the day, which was noticeably lower than the average daily share volume of 0.44 million over the last 3 months.
In terms of market performance, Tantech Holdings Ltd had a fairly uneven. The highest value for the stock in the past year was $7.97 on 05/01/23, and the lowest value was recorded at $0.55 on 02/02/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Tantech Holdings Ltd (TANH) has experienced a quarterly decline of -6.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.54M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0194, with a change in price of -1.8750. Similarly, Tantech Holdings Ltd recorded 417,318 in trading volume during the last 100 days, posting a change of -71.84%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TANH stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.01.
TANH Stock Stochastic Average
Today’s raw stochastic average for Tantech Holdings Ltd over the last 50 days is 31.13%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 55.40%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 48.92% and 51.54%, respectively.
TANH Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -38.24%. However, over the past six months, we’ve seen a stronger performance of -61.72%. The price of TANH leaped by -4.05% over the last 30 days. And in the last five days, it has fallen by -0.68%.
