The stock of Tantech Holdings Ltd (TANH) has seen a -19.81% decrease in the past week, with a -5.29% drop in the past month, and a -31.60% decrease in the past quarter. The volatility ratio for the week is 16.78%, and the volatility levels for the past 30 days are at 14.31% for TANH. The simple moving average for the last 20 days is -10.06% for TANH’s stock, with a simple moving average of -67.58% for the last 200 days.
Is It Worth Investing in Tantech Holdings Ltd (NASDAQ: TANH) Right Now?
Tantech Holdings Ltd (NASDAQ: TANH) has a price-to-earnings ratio that is above its average at 0.08x. The stock has a 36-month beta value of 0.42.
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 5.42M, and at present, short sellers hold a 17.49% of that float. On October 29, 2024, the average trading volume of TANH was 11.79M shares.
TANH) stock’s latest price update
Tantech Holdings Ltd (NASDAQ: TANH) has experienced a decline in its stock price by -3.22 compared to its previous closing price of 0.17. However, the company has seen a fall of -19.81% in its stock price over the last five trading days. 247wallst.com reported 2024-09-11 that If you’re a penny stock trader or investor, you likely look for the most active stocks in the category from time to time.
TANH Trading at -0.31% 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 -94.87% of loss for the given period.
Volatility was left at 14.31%, however, over the last 30 days, the volatility rate increased by 16.78%, as shares sank -9.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.58% upper at present.
During the last 5 trading sessions, TANH fell by -19.81%, which changed the moving average for the period of 200-days by -82.29% in comparison to the 20-day moving average, which settled at $0.1872. In addition, Tantech Holdings Ltd saw -85.85% 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 -9.23. 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 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.
