Shares of Tantech Holdings Ltd (NASDAQ:TANH – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.17 and traded as high as $0.17. Tantech shares last traded at $0.17, with a volume of 1,785,124 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on shares of Tantech in a research note on Saturday. They issued a “sell” rating on the stock.
Read Our Latest Analysis on Tantech
Tantech Stock Up 3.6 %
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.
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