Trading Day Triumph: Tantech Holdings Ltd (TANH) Ends at 0.16, a -9.95 Surge/Plunge

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Tantech Holdings Ltd (NASDAQ: TANH) closed the day trading at $0.16 down -9.95% from the previous closing price of $0.18. In other words, the price has decreased by -$9.95 from its previous closing price. On the day, 4.62 million shares were traded. TANH stock price reached its highest trading level at $0.1728 during the session, while it also had its lowest trading level at $0.158.

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 0.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.13. 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 1351689 and an Enterprise Value of -20606370. As of this moment, Tantech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.14. 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:

The Beta on a monthly basis for TANH is 0.30, which has changed by -0.8116279 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. 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 -0.44%, while the 200-Day Moving Average is calculated to be -57.88%.

Shares Statistics:

Over the past 3-months, TANH traded about 8.25M shares per day on average, while over the past 10 days, TANH traded about 19255800 shares per day. 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 0.32, compared to 1731628800 on 939525. Therefore, it implies a Short% of Shares Outstanding of 355778 and a Short% of Float of 4.29.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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