Should You Buy Tantech Holdings Ltd (TANH) Stock After it Is Higher By 22.73% in a Week?

Tantech Holdings Ltd (TANH) stock has risen 22.73% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Tantech Holdings Ltd has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TANH!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With TANH Stock Today?

Tantech Holdings Ltd (TANH) stock is trading at $1.89 as of 3:08 PM on Thursday, Oct 19, a decline of -$0.10, or -4.93% from the previous closing price of $1.99. The stock has traded between $1.80 and $2.10 so far today. Volume today is below average. So far 267,478 shares have traded compared to average volume of 1,233,518 shares. To screen for more stocks like Tantech Holdings Ltd click here.

More About Tantech Holdings Ltd

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. Its segments are Consumer products, Electric vehicles, and Trading. Click Here to get the full Stock Report for Tantech Holdings Ltd stock.