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 -93.20% away from its 52-week high, while its distance from the 52-week low is 35.88%. The stock’s price range over this period has fluctuated between $0.12 and $2.42. The company, operating within the financial sector, had a trading volume of approximately 5.34 million for the day, which was noticeably lower than the average daily share volume of 9.71 million over the last 3 months.
Tantech Holdings Ltd experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.42 on 12/14/23 and the lowest value was $0.12 on 08/16/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Tantech Holdings Ltd (TANH) has experienced a quarterly rise of 18.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.33M and boasts a workforce of 61 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1841, with a change in price of -0.4165. Similarly, Tantech Holdings Ltd recorded 9,301,798 in trading volume during the last 100 days, posting a change of -71.81%.
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 0.07. Similarly, the long-term debt-to-equity ratio is also 0.01.
TANH Stock Stochastic Average
Today, Tantech Holdings Ltd’s raw stochastic average for the past 50 days stands at 25.73%, indicating a decline from the raw stochastic average of the last 20 days, which was 58.75%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 35.83% and 33.39% respectively.
TANH Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -86.17% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -79.88%. Over the past 30 days, the price of TANH has leaped by -0.51%. And in the last five days, it has surged by 12.86%.
