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

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

Tantech Price Performance

NASDAQ:TANH opened at $0.14 on Friday. Tantech has a fifty-two week low of $0.14 and a fifty-two week high of $3.94. The business has a 50 day moving average price of $0.60 and a 200-day moving average price of $0.65.

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.