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

StockNews.com initiated coverage on shares of Tantech (NASDAQ:TANH) in a report issued on Monday. The brokerage issued a sell rating on the basic materials company’s stock.

Tantech Price Performance

Shares of NASDAQ:TANH opened at $0.15 on Monday. The stock’s 50-day moving average price is $0.16 and its 200-day moving average price is $0.33. Tantech has a 12-month low of $0.12 and a 12-month high of $1.62.

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.