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

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

Tantech Price Performance

Tantech stock traded down $0.01 during trading on Thursday, reaching $0.15. The company had a trading volume of 1,382,818 shares, compared to its average volume of 4,411,720. Tantech has a 12-month low of $0.12 and a 12-month high of $2.89. The stock’s 50 day moving average price is $0.17 and its two-hundred day moving average price is $0.40.

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.