StockNews.com Begins Coverage on Tantech (NASDAQ:TANH)

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

Tantech Trading Up 2.0 %

Shares of NASDAQ TANH opened at $0.22 on Wednesday. Tantech has a 1 year low of $0.12 and a 1 year high of $1.59. The company’s 50-day moving average is $0.16 and its 200 day moving average is $0.27.

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.