The stock of Tantech Holdings Ltd (TANH) has gone down by -32.27% for the week, with a -75.70% drop in the past month and a -67.39% drop in the past quarter. The volatility ratio for the week is 19.54%, and the volatility levels for the past 30 days are 13.62% for TANH. The simple moving average for the last 20 days is -65.07% for TANH stock, with a simple moving average of -83.35% for the last 200 days.
Is It Worth Investing in Tantech Holdings Ltd (NASDAQ: TANH) Right Now?
Tantech Holdings Ltd (NASDAQ: TANH) has a higher price-to-earnings ratio of 0.09x compared to its average ratio. TANH has 36-month beta value of 0.44.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for TANH is 5.23M, and currently, short sellers hold a 13.24% ratio of that float. The average trading volume of TANH on August 06, 2024 was 2.00M shares.
TANH) stock’s latest price update
Tantech Holdings Ltd (NASDAQ: TANH)’s stock price has plunge by -16.14relation to previous closing price of 0.21. Nevertheless, the company has seen a -32.27% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2024-06-17 that LISHUI, China, June 17, 2024 /PRNewswire/ — Tantech Holdings Ltd (NASDAQ: TANH) (“Tantech” or the “Company”) announced today that it received notification from The Nasdaq Stock Market LLC (“Nasdaq”) confirming the Company has regained compliance with the periodic filing requirement for Nasdaq under Listing Rule 5250(c)(1). Nasdaq noted this matter is now closed.
TANH Trading at -73.48% 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 -95.53% of loss for the given period.
Volatility was left at 13.62%, however, over the last 30 days, the volatility rate increased by 19.54%, as shares sank -75.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -77.98% lower at present.
During the last 5 trading sessions, TANH fell by -32.27%, which changed the moving average for the period of 200-days by -91.85% in comparison to the 20-day moving average, which settled at $0.4765. In addition, Tantech Holdings Ltd saw -85.20% 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:
- 0.04 for the present operating margin
- 0.21 for the gross margin
The net margin for Tantech Holdings Ltd stands at 0.12. The total capital return value is set at 0.01. Equity return is now at value 4.58, with 4.05 for asset returns.
Based on Tantech Holdings Ltd (TANH), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 0.6. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is 4.35.
Currently, EBITDA for the company is 2.28 million with net debt to EBITDA at -8.94. When we switch over and look at the enterprise to sales, we see a ratio of -0.4. The receivables turnover for the company is 0.56for 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 6.57.
Conclusion
To put it simply, Tantech Holdings Ltd (TANH) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
