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. The metric has seen a significant loss of -85.90% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -77.17%. Over the past 30 days, the price of TANH has fallen by 2.25%. And in the last five days, it has surged by 1.21%.
The market performance of Tantech Holdings Ltd has been somewhat unstable. Over the past year, the company’s stock achieved a high of $3.28 on 11/02/23, with the lowest value for the same timeframe being $0.12, recorded on 08/16/24.
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52-week price history of TANH Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Tantech Holdings Ltd’s current trading price is -94.88% away from its 52-week high, while its distance from the 52-week low is 38.56%. The stock’s price range for this period has been between $0.12 and $3.28. The Consumer Defensive sector company’s shares saw a trading volume of about 1.76 million for the day, which was lower than the average daily volume of 10.98 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Tantech Holdings Ltd (TANH) has experienced a quarterly decline of -71.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.40M and boasts a workforce of 61 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4016, with a change in price of -0.4804. Similarly, Tantech Holdings Ltd recorded 7,503,143 in trading volume during the last 100 days, posting a change of -73.92%.
TANH’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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
As of today, the raw stochastic average of Tantech Holdings Ltd over the last 50 days is at 35.23%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 22.51%. Further, the company’s Stochastic %K and %D values for the last 20 days were 23.19% and 26.54%, respectively.