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

StockNews.com assumed coverage on shares of Tantech (NASDAQ:TANH) in a research note issued to investors on Sunday. The firm issued a sell rating on the basic materials company’s stock.

Tantech Trading Up 1.1 %

NASDAQ:TANH opened at $0.81 on Friday. The stock has a fifty day moving average price of $0.69 and a 200 day moving average price of $0.77. Tantech has a 12-month low of $0.52 and a 12-month high of $3.94.

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.