Tantech Holdings Ltd [TANH] Stock trading around $0.67 per share: What’s Next?

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Tantech Holdings Ltd [NASDAQ: TANH] closed the trading session at $0.67 on 04/05/22. The day’s price range saw the stock hit a low of $0.552, while the highest price level was $0.7104. The company report on March 28, 2022 that Tantech Subsidiary Announces New 10 Vehicle Order.


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– New 18 Passenger Midibus Order will Ship to Ecuador -.

Tantech Holdings Ltd (NASDAQ: TANH) (“Tantech” or the “Company”), today announced that its subsidiary, Shangchi Automobile Co., Ltd., won an additional 10 vehicle order. The latest order for customized, high-end black and yellow midibuses is expected to be delivered to the customer in Ecuador in May 2022.

The stocks have a year to date performance of -85.52 percent and weekly performance of 33.13 percent. The stock has been moved at -89.27 percent over the last six months. The stock has performed -64.60 percent around the most recent 30 days and changed -85.48 percent over the most recent 3-months.

If compared to the average trading volume of 1.21M shares, TANH reached to a volume of 69008257 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Tantech Holdings Ltd [TANH]:

The Average True Range (ATR) for Tantech Holdings Ltd is set at 0.16, with the Price to Sales ratio for TANH stock in the period of the last 12 months amounting to 0.29. The Price to Book ratio for the last quarter was 0.02, with the Price to Cash per share for the same quarter was set at 2.32. Price to Free Cash Flow for TANH in the course of the last twelve months was 1.17 with Quick ratio for the last quarter at 4.80.

TANH stock trade performance evaluation

Tantech Holdings Ltd [TANH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 33.13. With this latest performance, TANH shares dropped by -64.60% in over the last four-week period, additionally sinking by -89.27% over the last 6 months – not to mention a drop of -95.59% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TANH stock in for the last two-week period is set at 30.58, with the RSI for the last a single of trading hit 39.38, and the three-weeks RSI is set at 29.58 for Tantech Holdings Ltd [TANH]. The present Moving Average for the last 50 days of trading for this stock 1.9177, while it was recorded at 0.5259 for the last single week of trading, and 6.1600 for the last 200 days.

Tantech Holdings Ltd [TANH]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Tantech Holdings Ltd [TANH] shares currently have an operating margin of +3.91 and a Gross Margin at +10.59. Tantech Holdings Ltd’s Net Margin is presently recorded at -15.42.

Return on Total Capital for TANH is now 1.59, given the latest momentum, and Return on Invested Capital for the company is -6.90. Return on Equity for this stock declined to -6.90, with Return on Assets sitting at -5.63. When it comes to the capital structure of this company, Tantech Holdings Ltd [TANH] has a Total Debt to Total Equity ratio set at 7.40. Additionally, TANH Total Debt to Total Capital is recorded at 6.89, with Total Debt to Total Assets ending up at 6.29.

Reflecting on the efficiency of the workforce at the company, Tantech Holdings Ltd [TANH] managed to generate an average of -$90,561 per employee. Receivables Turnover for the company is 1.15 with a Total Asset Turnover recorded at a value of 0.36.Tantech Holdings Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.80 and a Current Ratio set at 4.80.

Tantech Holdings Ltd [TANH]: Insider Ownership positions

There are presently around $0 million, or 4.20% of TANH stock, in the hands of institutional investors. The top three institutional holders of TANH stocks are: SABBY MANAGEMENT, LLC with ownership of 618,780, which is approximately New of the company’s market cap and around 17.66% of the total institutional ownership; ANSON FUNDS MANAGEMENT LP, holding 120,336 shares of the stock with an approximate value of $61000.0 in TANH stocks shares; and TWO SIGMA ADVISERS, LP, currently with $4000.0 in TANH stock with ownership of nearly -25.267% of the company’s market capitalization.

3 institutional holders increased their position in Tantech Holdings Ltd [NASDAQ:TANH] by around 742,404 shares. Additionally, 9 investors decreased positions by around 62,189 shares, while 0 investors held positions by with 47,060 shares. The mentioned changes placed institutional holdings at 757,533 shares, according to the latest SEC report filing. TANH stock had 3 new institutional investments in for a total of 742,404 shares, while 5 institutional investors sold positions of 35,558 shares during the same period.

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