Tantech Holdings Ltd (TANH) volume hits 2.39 million: A New Opening for Investors

KHC Stock

As on Thursday, Tantech Holdings Ltd (NASDAQ: TANH) started slowly as it slid -5.25% to $0.14, before settling in for the price of $0.15 at the close. Taking a more long-term approach, TANH posted a 52-week range of $0.12-$3.94.

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The Consumer Defensive Sector giants’ yearly sales growth during the last 5-year period was 13.68%. Meanwhile, its Annual Earning per share during the time was -34.32%. This publicly-traded company’s shares outstanding now amounts to $8.34 million, simultaneously with a float of $5.42 million. The organization now has a market capitalization sitting at $1.16 million. At the time of writing, stock’s 50-day Moving Average stood at $0.4888, while the 200-day Moving Average is $0.9101.

Tantech Holdings Ltd (TANH) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Household & Personal Products industry. Tantech Holdings Ltd’s current insider ownership accounts for 35.07%, in contrast to 7.49% institutional ownership.

Tantech Holdings Ltd (NASDAQ: TANH) Trading Performance Indicators

Let’s observe the current performance indicators for Tantech Holdings Ltd (TANH). It’s Quick Ratio in the last reported quarter now stands at 6.49. The Stock has managed to achieve an average true range (ATR) of 0.04. Alongside those numbers, its PE Ratio stands at $0.07, and its Beta score is 0.42. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.02. Similarly, its price to free cash flow for trailing twelve months is now 0.23.

In the same vein, TANH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.02.

Technical Analysis of Tantech Holdings Ltd (TANH)

Through scrutinizing the latest numbers posted by the [Tantech Holdings Ltd, TANH], it can be observed that its last 5-days Average volume of 10.19 million was better the volume of 1.41 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 43.76% While, its Average True Range was 0.0278.

Raw Stochastic average of Tantech Holdings Ltd (TANH) in the period of the previous 100 days is set at 1.22%, which indicates a major fall in contrast to 22.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 97.81% that was lower than 153.72% volatility it exhibited in the past 100-days period.