Tantech (NASDAQ:TANH) Research Coverage Started at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of Tantech (NASDAQ:TANH) in a report released on Friday. The brokerage set a “sell” rating on the basic materials company’s stock.

Tantech Price Performance

Tantech stock opened at $0.79 on Friday. The stock’s 50 day moving average price is $0.68 and its 200 day moving average price is $0.90. Tantech has a one year low of $0.52 and a one year high of $3.94.

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.