Media headlines about Tantech Holdings (NASDAQ:TANH) have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tantech Holdings earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 45.0508410018977 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Tantech Holdings (TANH) opened at 2.9078 on Tuesday. The company has a market cap of $70.69 million, a PE ratio of 15.5497 and a beta of -2.60. Tantech Holdings has a 52-week low of $1.00 and a 52-week high of $4.32. The company’s 50-day moving average is $2.69 and its 200 day moving average is $2.03.
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About Tantech Holdings
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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