Why Tantech Holdings Ltd (NASDAQ: TANH) Stock Shouldn’t Be Sold In 2024

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In the last trading session, 1.87 million Tantech Holdings Ltd (NASDAQ:TANH) shares changed hands as the company’s beta touched 0.45. With the company’s per share price at $0.12 changed hands at -$0.01 or -5.05% during last session, the market valuation stood at $1.03M. TANH’s last price was a discount, traded about -3183.33% off its 52-week high of $3.94. The share price had its 52-week low at $0.13, which suggests the last value was -8.33% down since then. When we look at Tantech Holdings Ltd’s average trading volume, we note the 10-day average is 1.37 million shares, with the 3-month average coming to 2.17 million.

Tantech Holdings Ltd (NASDAQ:TANH) trade information

Instantly TANH was in red as seen at the end of in last trading. With action -17.83%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -89.64%, with the 5-day performance at -17.83% in the red. However, in the 30-day time frame, Tantech Holdings Ltd (NASDAQ:TANH) is -78.75% down. Looking at the short shares, we see there were 0.62 million shares sold at short interest cover period of 0.79 days.

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Tantech Holdings Ltd (TANH) estimates and forecasts

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -34.32%.

With 38.0 shares estimated at $4.0 under it, the former controlled 0.00% of total outstanding shares.