Tantech (NASDAQ:TANH) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Tantech (NASDAQ:TANH) in a research note published on Saturday. The brokerage issued a sell rating on the basic materials company’s stock.

Tantech Stock Performance

NASDAQ TANH opened at $0.17 on Friday. Tantech has a fifty-two week low of $0.12 and a fifty-two week high of $1.59. The stock’s 50-day moving average is $0.17 and its two-hundred day moving average is $0.20.

About Tantech

Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy, household cooking, heating, purification, agricultural, and cleaning applications in the People's Republic of China and internationally. The company operates in three segments: Consumer Products, Electric Vehicles, and Biodegradable Packaging.