Tantech (NASDAQ:TANH) Receives New Coverage from Analysts at StockNews.com

Investment analysts at StockNews.com started coverage on shares of Tantech (NASDAQ:TANH) in a note issued to investors on Tuesday. The firm set a “sell” rating on the basic materials company’s stock.

Tantech Price Performance

Shares of TANH stock opened at $0.17 on Tuesday. Tantech has a 52-week low of $0.12 and a 52-week high of $3.28. The firm’s 50 day moving average price is $0.17 and its two-hundred day moving average price is $0.45.

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.