Tantech (NASDAQ:TANH) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Tantech (NASDAQ:TANH) in a report released on Tuesday morning. The firm issued a sell rating on the basic materials company’s stock.

Tantech Trading Down 3.4 %

Shares of TANH stock opened at $0.16 on Tuesday. Tantech has a fifty-two week low of $0.12 and a fifty-two week high of $3.28. The business’s 50 day moving average price is $0.17 and its 200-day moving average price is $0.44.

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.