Tantech Holdings Ltd’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $3.94 on 10/13/23 and a low of $0.12 for the same time frame on 08/16/24.
52-week price history of TANH Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Tantech Holdings Ltd’s current trading price is -96.08% away from its 52-week high, while its distance from the 52-week low is 27.50%. The stock’s price range during this period has spanned from $0.12 to $3.94. In the Consumer Defensive sector, the Tantech Holdings Ltd’s shares surpassed a trading volume of approximately 6.21 million for the day, which was noticeably higher compared to the average daily volume of 9.1.82 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Tantech Holdings Ltd (TANH) has experienced a quarterly decline of -75.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.29M and boasts a workforce of 61 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5712, with a change in price of -0.5190. Similarly, Tantech Holdings Ltd recorded 2,094,698 in trading volume during the last 100 days, posting a change of -77.07%.
Examining TANH’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TANH stands at 0.07. 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 3.97%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 20.96%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 12.99% and 9.15%, respectively.
TANH Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -87.03%.However, over the last six months, we can see a stronger performance of -79.14%. Over the last 30 days, the price of TANH has leaped by -40.27%. And in the last five days, it has surged by 22.54%.
