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

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

Tantech Stock Performance

Shares of 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 company’s 50 day simple moving average is $0.17 and its 200 day simple moving average is $0.22.

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.