Somewhat Favorable News Coverage Somewhat Unlikely to Impact Tantech (TANH) Share Price
News stories about Tantech (NASDAQ:TANH) have trended somewhat positive on Thursday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tantech earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 45.6002486021765 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Tantech (NASDAQ:TANH) opened at $2.85 on Thursday. Tantech has a one year low of $1.00 and a one year high of $4.54.
Separately, ValuEngine cut shares of Tantech from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th.
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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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