Tantech Holdings is a holding company. Through its subsidiaries, Co. develops and manufactures bamboo-based charcoal products for industrial energy applications and household cooking, heating, purification, agricultural and cleaning uses. Co. provides its products primarily in the following areas: Charcoal Products, which consist of BBQ Charcoal Products and Charcoal Doctor Products; and Vehicles, which consist of Electric Vehicles and fuel vehicles – fuel buses. In addition to its bamboo charcoal products, Co. is also engaged in trading activities, which primarily relate to industrial purchases and sales of charcoal. We show 7 historical shares outstanding datapoints in our TANH shares outstanding history coverage, used to compute TANH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TANH market cap history over the course of time is important for investors
interested in comparing TANH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TANH versus a peer is one thing; comparing
TANH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TANH can fluctuate over the course of history.
With this page we aim to empower investors researching TANH by allowing them to research the TANH market cap history. |
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Video: The Importance of Market Cap
