In the current trading session, Tantech Holdings Ltd’s (TANH) stock is trading at the price of $0.16, a fall of -7.96% over last night’s close. So, the stock is trading at a price that is -90.18% less than its 52-week high of $1.59 and 28.90% better than its 52-week low of $0.12. Based on the past 30-day period, the stock price is -40.08% below the high and +9.73% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, TANH’s SMA-200 is $0.3692.
It is also essential to consider TANH stock ratios like the price-to-sales ratio, which is 0.03 for the last year.Likewise, its price to free cash flow for the last twelve months stands at 0.12. TANH’s price to book ratio for the most recent quarter was 0.01, resulting in an 0.04 price to cash per share for the period.
How does Tantech Holdings Ltd (TANH) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
Tantech Holdings Ltd (NASDAQ: TANH) Ownership Details
I will give a breakdown of the key shareholders in Tantech Holdings Ltd (TANH). Recent figures show that the company’s insiders hold 23.08% of shares. A total of 4 institutional investors hold shares in the company, making 1.59% of its stock and 2.06% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is UBS Group AG holding total of 56.09 shares that make 0.71% of the company’s total number of shares and are currently priced at 8872.0.
The securities firm Jane Street Group, LLC holds 26.19 shares of TANH, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.33%, and the holding percentage of shares is valued at 4142.0.
An overview of Tantech Holdings Ltd’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Tantech Holdings Ltd (TANH) traded 11,585,600 shares per day, with a moving average of $0.1802 and price change of +0.0148. With the moving average of $0.1639 and a price change of +0.0054, about 9,039,233 shares changed hands on average over the past 50 days. Finally, TANH’s 100-day average volume is 11,521,240 shares, alongside a moving average of $0.1672 and a price change of +0.0069.
