Tantech Holdings Ltd [NASDAQ: TANH] surged by $0.01 during the normal trading session on while it closed the day at $0.17.
Tantech Holdings Ltd stock has also loss -6.06% of its value over the past 7 days. However, TANH stock has inclined by 2.30% in the 3 months of the year. Over the past six months meanwhile, it has lost -69.38% and lost -19.91% year-on date.
The market cap for TANH stock reached $1.41 million, with 8.34 million shares outstanding and 5.92 million shares in the current float. Compared to the average trading volume of 8.35M shares, TANH reached a trading volume of 6744701 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 0.03, 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 0.01, with the Price to Cash per share for the same quarter was set at 4.11. Price to Free Cash Flow for TANH in the course of the last twelve months was 0.13 with Quick ratio for the last quarter at 6.93.
TANH stock trade performance evaluation
Tantech Holdings Ltd [TANH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.06. With this latest performance, TANH shares gained by 13.04% in over the last four-week period, additionally sinking by -69.38% over the last 6 months – not to mention a drop of -80.35% 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 48.14, with the RSI for the last a single of trading hit 45.94, and the three-weeks RSI is set at 49.03 for Tantech Holdings Ltd [TANH]. The present Moving Average for the last 50 days of trading for this stock 0.1635, while it was recorded at 0.1606 for the last single week of trading, and 0.3742 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 6.93 and a Current Ratio set at 6.99.
