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

Investment analysts at StockNews.com began coverage on shares of Tantech (NASDAQ:TANH) in a report released on Monday. The firm set a “sell” rating on the basic materials company’s stock.

Tantech Trading Down 2.4 %

TANH opened at $0.15 on Monday. Tantech has a one year low of $0.12 and a one year high of $2.10. The business’s 50 day moving average price is $0.16 and its 200 day moving average price is $0.33.

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.