Tantech Holdings Ltd (TANH) stock hits $0.15: Is it a good time to buy or wait for a dip?

Tantech Holdings Ltd [TANH] stock prices are down -1.40% to $0.15 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TANH shares have gain 1.98% over the last week, with a monthly amount glided 4.31%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

The stock price of Tantech Holdings Ltd [TANH] has been fluctuating between $0.12 and $1.62 over the past year. Tantech Holdings Ltd [NASDAQ: TANH] shares were valued at $0.15 at the most recent close of the market.

Analyzing the TANH fundamentals

The Tantech Holdings Ltd [NASDAQ:TANH] reported sales of 47.32M for trailing twelve months, representing a surge of 4.20%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.05 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1454 points at the first support level, and at 0.1360 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1658, and for the 2nd resistance point, it is at 0.1768.

Ratios To Look Out For

It’s worth pointing out that Tantech Holdings Ltd [NASDAQ:TANH]’s Current Ratio is 6.57. In addition, the Quick Ratio stands at 6.49 and the Cash Ratio stands at 1.65. Considering the valuation of this stock, the price to sales ratio is 0.03, the price to book ratio is 0.00 and price to earnings (TTM) ratio is 0.08.

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