Tantech Holdings Ltd [TANH] fell -86.22% so far this year. What now?

Tantech Holdings Ltd [NASDAQ: TANH] closed the trading session at $0.16.

The stocks have a year to date performance of -86.22 percent and weekly performance of 10.22 percent. The stock has been moved at -79.47 percent over the last six months. The stock has performed 16.31 percent around the most recent 30 days and changed -12.30 percent over the most recent 3-months.

If compared to the average trading volume of 9.32M shares, TANH reached to a volume of 14701443 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 0.02, with the Price to Sales ratio for TANH stock in the period of the last 12 months amounting to 0.03. The Price to Book ratio for the last quarter was 0.00, with the Price to Cash per share for the same quarter was set at 3.48. Price to Free Cash Flow for TANH in the course of the last twelve months was 0.27 with Quick ratio for the last quarter at 6.49.

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 10.22. With this latest performance, TANH shares gained by 16.31% in over the last four-week period, additionally sinking by -79.47% over the last 6 months – not to mention a drop of -93.11% 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 53.59, with the RSI for the last a single of trading hit 60.09, and the three-weeks RSI is set at 49.95 for Tantech Holdings Ltd [TANH]. The present Moving Average for the last 50 days of trading for this stock 0.1686, while it was recorded at 0.1500 for the last single week of trading, and 0.4504 for the last 200 days.

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

Tantech Holdings Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.49 and a Current Ratio set at 6.57.

Tantech Holdings Ltd [TANH]: Institutional Ownership