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 -85.51% away from its 52-week high, while its distance from the 52-week low is 90.26%. The stock’s price range over this period has fluctuated between $0.12 and $1.59. The company, operating within the financial sector, had a trading volume of approximately 10.71 million for the day, which was noticeably higher than the average daily share volume of 8.12 million over the last 3 months.
Tantech Holdings Ltd experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $1.59 on 05/20/24, while the lowest price for the same period was registered at $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 20.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.96M 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 0.1642, with a change in price of +0.0903. Similarly, Tantech Holdings Ltd recorded 11,827,821 in trading volume during the last 100 days, posting a change of +64.45%.
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 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.
TANH Stock Stochastic Average
Today, Tantech Holdings Ltd’s raw stochastic average for the past 50 days stands at 71.02%, indicating a rise from the raw stochastic average of the last 20 days, which was 69.71%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 62.95% and 58.84% 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. The metric has seen a significant gain of 9.19% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -68.44%. Over the past 30 days, the price of TANH has fallen by 53.29%. And in the last five days, it has surged by 21.26%.
