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

StockNews.com initiated coverage on shares of Tantech (NASDAQ:TANH) in a research note issued to investors on Friday. The brokerage set a “sell” rating on the basic materials company’s stock.

Tantech Stock Performance

TANH stock opened at $0.17 on Friday. Tantech has a twelve month low of $0.12 and a twelve month high of $3.94. The business has a 50 day moving average price of $0.20 and a two-hundred day moving average price of $0.52.

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.