Closing Bell Recap: Tantech Holdings Ltd (TANH) Ends at 0.18, Reflecting a -5.45 Downturn

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Tantech Holdings Ltd (NASDAQ: TANH) closed the day trading at $0.18 down -5.45% from the previous closing price of $0.19. In other words, the price has decreased by -$5.45 from its previous closing price. On the day, 5.43 million shares were traded. TANH stock price reached its highest trading level at $0.1978 during the session, while it also had its lowest trading level at $0.1763.

Ratios:

For a better understanding of TANH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.30. For the most recent quarter (mrq), Quick Ratio is recorded 6.49 and its Current Ratio is at 6.57. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.01.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TANH now has a Market Capitalization of 1593657 and an Enterprise Value of -20878578. As of this moment, Tantech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at -0.441 whereas that against EBITDA is -9.78.

Stock Price History:

Over the past 52 weeks, TANH has reached a high of $3.94, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 6.64%, while the 200-Day Moving Average is calculated to be -69.41%.

Shares Statistics:

Over the past 3-months, TANH traded about 10.66M shares per day on average, while over the past 10 days, TANH traded about 12485350 shares per day. A total of 8.34M shares are outstanding, with a floating share count of 5.42M. Insiders hold about 35.07% of the company’s shares, while institutions hold 7.49% stake in the company. Shares short for TANH as of 1726185600 were 446172 with a Short Ratio of 0.04, compared to 1723680000 on 519291. Therefore, it implies a Short% of Shares Outstanding of 446172 and a Short% of Float of 5.38.

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