Will Current Price Volatility Hamper Tantech Holdings Ltd (TANH) Future Potential?
Tantech Holdings Ltd (NASDAQ:TANH) has a beta value of -0.09 and has seen 0.91 million shares traded in the recent trading session. The company, currently valued at $42.66M, closed the recent trade at $1.13 per share which meant it lost -$0.06 on the day or -5.03% during that session. The TANH stock price is -223.01% off its 52-week high price of $3.65 and 11.5% above the 52-week low of $1.00. If we look at the companys 10-day average daily trading volume, we find that it stood at 0.73 million shares traded. The 3-month trading volume is 833.19K shares. Tantech Holdings Ltd (NASDAQ:TANH) trade information  Sporting -5.03% in the red today, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 06/15/21 when the TANH stock price touched $1.13 or saw a rise of 11.02%. Year-to-date, Tantech Holdings Ltd shares have moved -13.77%, while the 5-day performance has seen it change -6.30%. Over the past 30 days, the shares of Tantech Holdings Ltd (NASDAQ:TANH) have changed 11.21%. Short interest in the company has seen 1.63 million shares shorted with days to cover at 2.39. Tantech Holdings Ltd (TANH) estimates and forecasts  The companys shares have lost -21.19% over the past 6 months. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -22.10% over the past 5 years. TANH Dividends  Tantech Holdings Ltd is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. Tantech Holdings Ltd (NASDAQ:TANH)s Major holders  Insiders own 27.48% of the company shares, while shares held by institutions stand at 2.53% with a share float percentage of 3.49%. Investors are also buoyed by the number of investors in a company, with Tantech Holdings Ltd having a total of 11 institutions that hold shares in the company. The top two institutional holders are Marshall Wace LLP with over 0.34 million shares worth more than $0.5 million. As of Mar 30, 2021, Marshall Wace LLP held 0.96% of shares outstanding. The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 0.32 million shares as of Mar 30, 2021. The firms total holdings are worth over $0.46 million and represent 0.88% of shares outstanding.