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

Stock analysts at StockNews.com assumed coverage on shares of Tantech (NASDAQ:TANH) in a note issued to investors on Monday. The brokerage set a “sell” rating on the basic materials company’s stock.

Tantech Price Performance

TANH stock opened at $0.15 on Monday. The company has a fifty day simple moving average of $0.16 and a 200 day simple moving average of $0.32. Tantech has a 1 year low of $0.12 and a 1 year high of $1.62.

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.