Tantech (NASDAQ:TANH) Coverage Initiated at StockNews.com

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

Tantech Price Performance

Tantech stock opened at $0.15 on Friday. Tantech has a twelve month low of $0.12 and a twelve month high of $2.63. The stock’s fifty day simple moving average is $0.17 and its 200-day simple moving average is $0.39.

Tantech Company Profile

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.