In last trading session, Tantech Holdings Ltd (NASDAQ:TANH) saw 3,753,353 shares changing hands with its beta currently measuring 0.1. Company’s recent per share price level of $1.69 trading at $0.04 or 2.42% at ring of the bell on the day assigns it a market valuation of $60.66 Million. That closing price of TANH’s stock is at a discount of -115.98% from its 52-week high price of $3.65 and is indicating a premium of 52.07% from its 52-week low price of $0.81. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.44 Million shares which gives us an average trading volume of 3.87 Million if we extend that period to 3-months.
Tantech Holdings Ltd (NASDAQ:TANH) trade information
Upright in the green during last session for gaining 2.42%, in the last five days TANH remained trading in the green while hitting it’s week-highest on Wednesday, Jan 13 when the stock touched $1.775 price level, adding 4.79% to its value on the day. Tantech Holdings Ltd’s shares saw a change of 22.46% in year-to-date performance and have moved 27.07% in past 5-day. Tantech Holdings Ltd (NASDAQ:TANH) showed a performance of 11.92% in past 30-days. Number of shares sold short was 766.98 Million shares which calculate 198.19 days to cover the short interests.
Tantech Holdings Ltd (TANH) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -21.3% during past 5 years. In 2021, company’s earnings growth rate is likely to be around -418.7% while estimates for its earnings growth in next 5 years are of 0%
Tantech Holdings Ltd (NASDAQ:TANH)’s Major holders
Insiders are in possession of 32.82% of company’s total shares while institution are holding 1.53% percent of that, with stock having share float percentage of 2.27%. Investors also watch the number of corporate investors in a company very closely, which is 7 institutions for Tantech Holdings Ltd that are currently holding shares of the company. Renaissance Technologies, LLC is the top institutional holder at TANH for having 393.75 Thousand shares of worth $980.44 Thousand. And as of September 29, 2020, it was holding 1.1% of the company’s outstanding shares.
The second largest institutional holder is HRT Financial LLC, which was holding about 95.86 Thousand shares on September 29, 2020. The number of shares represents firm’s hold over 0.27% of outstanding shares, having a total worth of $238.7 Thousand.
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