Tantech Holdings Ltd (NASDAQ: TANH) has a price-to-earnings ratio that is above its average at 0.41x. The stock has a 36-month beta value of 0.22.
The public float for TANH is 1.53M, and at present, short sellers hold a 0.62% of that float. On April 18, 2024, the average trading volume of TANH was 437.32K shares.
TANH) stock’s latest price update
The stock price of Tantech Holdings Ltd (NASDAQ: TANH) has surged by 5.00 when compared to previous closing price of 0.70, but the company has seen a -0.68% decline in its stock price over the last five trading sessions. PennyStocks reported 2023-05-01 that More low float penny stocks to watch. The post 7 Low Float Penny Stocks To Watch After SNTG Stock Explodes appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
TANH’s Market Performance
Tantech Holdings Ltd (TANH) has experienced a -0.68% fall in stock performance for the past week, with a -4.05% drop in the past month, and a -6.73% drop in the past quarter. The volatility ratio for the week is 9.68%, and the volatility levels for the past 30 days are at 9.40% for TANH. The simple moving average for the last 20 days is 5.39% for TANH stock, with a simple moving average of -53.68% for the last 200 days.
TANH Trading at 4.53% from the 50-Day Moving Average
After a stumble in the market that brought TANH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.78% of loss for the given period.
Volatility was left at 9.40%, however, over the last 30 days, the volatility rate increased by 9.68%, as shares surge +7.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.51% upper at present.
During the last 5 trading sessions, TANH fell by -0.68%, which changed the moving average for the period of 200-days by -72.26% in comparison to the 20-day moving average, which settled at $0.6999. In addition, Tantech Holdings Ltd saw -38.24% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TANH
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.19 for the gross margin
The net margin for Tantech Holdings Ltd stands at 0.06. The total capital return value is set at 0.03. Equity return is now at value 2.43, with 2.14 for asset returns.
Based on Tantech Holdings Ltd (TANH), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 4.77. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is 4.26.
Currently, EBITDA for the company is 7.03 million with net debt to EBITDA at -3.43. When we switch over and look at the enterprise to sales, we see a ratio of -0.23. The receivables turnover for the company is 0.54for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.33.
Conclusion
To sum up, Tantech Holdings Ltd (TANH) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
