During the last session, Tantech Holdings Ltd (NASDAQ:TANH)’s traded shares were 1,002,656, with the beta value of the company hitting -0.03. At the end of the trading day, the stock’s price was $1.51, reflecting an intraday loss of -1.95% or -$0.03. The 52-week high for the TANH share is $3.65, that puts it down -141.72% from that peak though still a striking +40.4% gain since the share price plummeted to a 52-week low of $0.9. The company’s market capitalization is $54.2 Million, and the average intraday trading volume over the past 10 days was 860.7 Million shares, and the average trade volume was 3.04 Million shares over the past three months.
Tantech Holdings Ltd (TANH) received a consensus recommendation of 0 from analysts. That translates to a mean rating of 0. TANH has a Sell rating from none of the analyst(s) out of 0 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and no one recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight.
Tantech Holdings Ltd (NASDAQ:TANH): Trading Information
Tantech Holdings Ltd (TANH) registered a -1.95% downside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.36% in intraday trading to $1.63 this Monday, Apr 05, hitting a weekly high. The stock’s 5-day price performance is 6.34%, and it has moved by 4.14% in 30 days. Based on these gigs, the overall price performance for the year is 9.42%. The short interest in Tantech Holdings Ltd (NASDAQ:TANH) is 1.78 Million shares and it means that shorts have 0.59 day(s) to cover.
Tantech Holdings Ltd (TANH) projections and forecasts
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated -21.3%. While earnings are projected to return -418.7% in 2021, the next five years will return 0% per annum.
Tantech Holdings Ltd (NASDAQ:TANH)’s Biggest Investors
Tantech Holdings Ltd insiders own 32.82% of total outstanding shares while institutional holders control 1.67%, with the float percentage being 2.48%. Renaissance Technologies, LLC is the largest shareholder of the company, while 7 institutions own stock in it. As of Dec 30, 2020, the company held over 289.35 Thousand shares (or 0.81% of all shares), a total value of $399.3 Thousand in shares.
The next largest institutional holding, with 175.33 Thousand shares, is of Squarepoint Ops LLC’s that is approximately 0.49% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $241.95 Thousand.