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After finishing at $0.67 in the prior trading day, Tantech Holdings Ltd (NASDAQ: TANH) closed at $0.69, up 2.24%. In other words, the price has increased by $2.24 from its previous closing price. On the day, 0.69 million shares were traded. TANH stock price reached its highest trading level at $0.695 during the session, while it also had its lowest trading level at $0.5928.
Ratios:
Our goal is to gain a better understanding of TANH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.04. For the most recent quarter (mrq), Quick Ratio is recorded 7.22 and its Current Ratio is at 7.33. In the meantime, Its Debt-to-Equity ratio is 0.06 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 2601006 and an Enterprise Value of -13104418. As of this moment, Tantech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at -0.283 whereas that against EBITDA is -3.651.
Stock Price History:
Over the past 52 weeks, TANH has reached a high of $7.97, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is -3.00%, while the 200-Day Moving Average is calculated to be -56.29%.
Shares Statistics:
The stock has traded on average 523.31K shares per day over the past 3-months and 719860 shares per day over the last 10 days, according to various share statistics. A total of 3.46M shares are outstanding, with a floating share count of 1.53M. Insiders hold about 55.69% of the company’s shares, while institutions hold 2.12% stake in the company. Shares short for TANH as of 1711584000 were 9495 with a Short Ratio of 0.02, compared to 1709164800 on 30672. Therefore, it implies a Short% of Shares Outstanding of 9495 and a Short% of Float of 0.25.
Earnings Estimates
The dynamic stock of Tantech Holdings Ltd (TANH) is currently attracting attention from Manhattan Associates, Inc. analysts actively involved in rating its market status.The consensus estimate for the next quarter is $39.59, with high estimates of $24.54 and low estimates of $3.47.
