The consensus among analysts is that Tantech Holdings Ltd (TANH) is a 0 stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 0 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight.
Tantech Holdings Ltd (NASDAQ:TANH) trade information
Sporting 26.61% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 29 when the TANH stock price touched $1.42 or saw a rise of 2.82%. Year-to-date, Tantech Holdings Ltd shares have moved -23.76%, while the 5-day performance has seen it change 28.97%. Over the past 30 days, the shares of Tantech Holdings Ltd (NASDAQ:TANH) have changed 40.82%. Short interest in the company has seen 234.54 Million shares shorted with days to cover at 3.29.
Tantech Holdings Ltd (TANH) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -31.7% over the past 5 years. Earnings growth for 2020 is a modest -53.8% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Tantech Holdings Ltd (NASDAQ:TANH)’s Major holders
Insiders own 40.83% of the company shares, while shares held by institutions stand at 2.9% with a share float percentage of 4.9%. Investors are also buoyed by the number of investors in a company, with Tantech Holdings Ltd having a total of 8 institutions that hold shares in the company. The top two institutional holders are Renaissance Technologies, LLC with over 510.93 Thousand shares worth more than $536.48 Thousand. As of March 30, 2020, Renaissance Technologies, LLC held 1.77% of shares outstanding.
The other major institutional holder is Geode Capital Management, LLC, with the holding of over 31.5 Thousand shares as of March 30, 2020. The firm’s total holdings are worth over $33.08 Thousand and represent 0.11% of shares outstanding.