Tantech Holdings (NASDAQ:TANH) Getting Favorable Media Coverage, Report Shows

News headlines about Tantech Holdings (NASDAQ:TANH) have been trending positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tantech Holdings earned a daily sentiment score of 0.41 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the near future.

Shares of Tantech Holdings (NASDAQ TANH) traded up 1.0592% during midday trading on Tuesday, reaching $2.9386. 224,835 shares of the company’s stock were exchanged. Tantech Holdings has a 12-month low of $1.00 and a 12-month high of $4.32. The stock has a market capitalization of $71.44 million, a P/E ratio of 15.7144 and a beta of -2.60. The firm has a 50-day moving average of $2.68 and a 200-day moving average of $2.04.

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Tantech Holdings Company Profile

Tantech Holdings Ltd. (Tantech BVI) is a holding company. The Company, through its subsidiaries, is a developer and manufacturer of bamboo-based charcoal products for industrial energy applications and household cooking, heating, purification, agricultural and cleaning uses. The Company has three segments: consumer product, trading and biofuel energy.

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