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 Monday morning. The brokerage issued a sell rating on the basic materials company’s stock.

Tantech Price Performance

TANH opened at $0.21 on Monday. The business has a 50 day moving average of $0.16 and a 200-day moving average of $0.46. Tantech has a 1-year low of $0.12 and a 1-year high of $3.28.

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.