Media stories about Tantech (NASDAQ:TANH) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tantech earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 45.6476795941202 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Tantech (NASDAQ:TANH) traded up $0.07 during mid-day trading on Tuesday, reaching $2.76. The company had a trading volume of 455,759 shares, compared to its average volume of 317,160. Tantech has a 12 month low of $1.00 and a 12 month high of $4.54.
Separately, ValuEngine raised Tantech from a “hold” rating to a “buy” rating in a research report on Wednesday, September 13th.
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Tantech 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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