Tantech (NASDAQ:TANH) Research Coverage Started at StockNews.com

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

Tantech Stock Up 1.4 %

TANH stock opened at $0.15 on Friday. The company has a 50-day simple moving average of $0.17 and a 200 day simple moving average of $0.38. Tantech has a fifty-two week low of $0.12 and a fifty-two week high of $2.63.

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.