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

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

Tantech Stock Performance

Shares of NASDAQ:TANH opened at $0.15 on Tuesday. Tantech has a 1-year low of $0.12 and a 1-year high of $3.94. The company has a 50 day moving average price of $0.37 and a 200 day moving average price of $0.58.

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.