Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Tantech Holdings Ltd (NASDAQ: TANH) closed at $3.17 up 6.02% from its previous closing price of $2.99. In other words, the price has increased by $6.02 from its previous closing price. On the day, 3.1 million shares were traded.
Ratios:
For a deeper understanding of Tantech Holdings Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.36. For the most recent quarter (mrq), Quick Ratio is recorded 6.93 and its Current Ratio is at 6.99. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
As of this moment, Tantech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.21.
Stock Price History:
Over the past 52 weeks, TANH has reached a high of $63.60, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is -47.90%, while the 200-Day Moving Average is calculated to be -74.63%.
Shares Statistics:
A total of 8.34M shares are outstanding, with a floating share count of 0.95M. Insiders hold about 26.20% of the company’s shares, while institutions hold 0.68% stake in the company.