Tantech (NASDAQ:TANH) Earns Sell Rating from Analysts at StockNews.com

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

Tantech Trading Up 4.8 %

NASDAQ TANH opened at $0.18 on Friday. The business’s 50-day moving average price is $0.19 and its two-hundred day moving average price is $0.52. Tantech has a 12 month low of $0.12 and a 12 month high of $3.94.

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.