During the last session, Tantech Holdings Ltd (NASDAQ:TANH)’s traded shares were 2.14 million, with the beta value of the company hitting 0.16. At the end of the trading day, the stock’s price was $0.22, reflecting an intraday loss of -11.05% or -$0.03. The 52-week high for the TANH share is $15.70, that puts it down -7036.36 from that peak though still a striking -4.55% loss since the share price plummeted to a 52-week low of $0.23. The company’s market capitalization is $4.44M, and the average intraday trading volume over the past 10 days was 1.79 million shares, and the average trade volume was 4.03 million shares over the past three months.
Tantech Holdings Ltd (NASDAQ:TANH) trade information
Tantech Holdings Ltd (TANH) registered a -11.05% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -11.05% in intraday trading to $0.22 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -41.12%, and it has moved by -46.08% in 30 days. Based on these gigs, the overall price performance for the year is -97.90%. The short interest in Tantech Holdings Ltd (NASDAQ:TANH) is 0.54 million shares and it means that shorts have 0.49 day(s) to cover.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -22.10%. While earnings are projected to return -5.00% in 2022.
Tantech Holdings Ltd is due to release its next quarterly earnings on October 22. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Tantech Holdings Ltd (NASDAQ:TANH)’s Major holders
Tantech Holdings Ltd insiders own 17.66% of total outstanding shares while institutional holders control 11.84%, with the float percentage being 14.38%. Sabby Management, LLC is the largest shareholder of the company, while 8 institutions own stock in it. As of Dec 30, 2021, the company held over 6.19 million shares (or 9.67% of all shares), a total value of $2.84 million in shares.
The next largest institutional holding, with 1.2 million shares, is of Anson Funds Management LP’s that is approximately 1.88% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $0.55 million.