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Tantech Holdings (NASDAQ:TANH) Given News Sentiment Rating of 0.20

Headlines about Tantech Holdings (NASDAQ:TANH) have trended somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded 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 0.20 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 45.4175632652008 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

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Tantech Holdings (NASDAQ TANH) traded up 3.54% during midday trading on Friday, hitting $2.74. The stock had a trading volume of 98,900 shares. The company has a market capitalization of $66.61 million, a PE ratio of 14.65 and a beta of -2.60. Tantech Holdings has a 1-year low of $1.00 and a 1-year high of $4.09. The stock’s 50-day moving average is $2.71 and its 200-day moving average is $2.07.

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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.