Jane Street Group LLC purchased a new position in Tantech Holdings Ltd (NASDAQ:TANH) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,552 shares of the basic materials company’s stock, valued at approximately $119,000. Jane Street Group LLC owned approximately 0.16% of Tantech at the end of the most recent quarter.
Separately, ValuEngine raised shares of Tantech from a “hold” rating to a “buy” rating in a report on Wednesday, September 13th.
Shares of Tantech Holdings Ltd (NASDAQ TANH) opened at $2.68 on Tuesday. The firm has a market cap of $76.92 and a P/E ratio of 14.11. Tantech Holdings Ltd has a one year low of $1.00 and a one year high of $4.54.
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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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