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TANH’s Stock Dilemma: Tantech Holdings Ltd’s Market Performance and Outlook

In terms of market performance, Tantech Holdings Ltd had a somewhat inconsistent run in. The highest value for the stock in the past year was $3.94 on 10/13/23, while the lowest value was $0.12 on 08/16/24.

52-week price history of TANH Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Tantech Holdings Ltd’s current trading price is -95.48% away from its 52-week high, while its distance from the 52-week low is 46.99%. The stock’s price range during this period has fluctuated between $0.12 and $3.94. Shares of the company, which operates in the Consumer Defensive sector, recorded a trading volume of around 8.76 million for the day, which was evidently lower than the average daily volume of 9.04 million over the last three months.

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Financial Performance and Market Capitalization

Tantech Holdings Ltd (TANH) has experienced a quarterly decline of -77.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.48M and boasts a workforce of 61 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4724, with a change in price of -0.3802. Similarly, Tantech Holdings Ltd recorded 6,846,865 in trading volume during the last 100 days, posting a change of -68.93%.

TANH Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its 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

The raw stochastic average for Tantech Holdings Ltd over the last 50 days is presently at 10.51%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 32.22%. Further, the company’s Stochastic %K and %D values for the last 20 days were 23.45% and 23.69%, respectively.

TANH Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -85.04%.However, over the last six months, we can see a stronger performance of -73.43%. Over the last 30 days, the price of TANH has fallen by 28.06%. And in the last five days, it has surged by 8.47%.

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