Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.23 in the prior trading day, Tantech Holdings Ltd (NASDAQ: TANH) closed at $0.21, down -10.98%. In other words, the price has decreased by -$10.98 from its previous closing price. On the day, 5.74 million shares were traded. TANH stock price reached its highest trading level at $0.234 during the session, while it also had its lowest trading level at $0.2037.
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 0.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.16. 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:
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 1711305 and an Enterprise Value of -20606370. As of this moment, Tantech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.18. 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 -0.435 whereas that against EBITDA is -9.653.
Stock Price History:
Over the past 52 weeks, TANH has reached a high of $1.59, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 26.04%, while the 200-Day Moving Average is calculated to be -47.39%.
Shares Statistics:
The stock has traded on average 8.19M shares per day over the past 3-months and 19347900 shares per day over the last 10 days, according to various share statistics. A total of 8.34M shares are outstanding, with a floating share count of 5.92M. Insiders hold about 29.07% of the company’s shares, while institutions hold 0.99% stake in the company. Shares short for TANH as of 1734048000 were 355778 with a Short Ratio of 0.04, compared to 1731628800 on 939525. Therefore, it implies a Short% of Shares Outstanding of 355778 and a Short% of Float of 4.29.
