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

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

Tantech Stock Performance

Shares of Tantech stock opened at $0.17 on Wednesday. The stock’s 50-day moving average is $0.17 and its 200-day moving average is $0.41. Tantech has a one year low of $0.12 and a one year high of $2.89.

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.