Research analysts at StockNews.com initiated coverage on shares of Tantech (NASDAQ:TANH – Get Rating) in a research report issued on Wednesday. The brokerage set a “sell” rating on the basic materials company’s stock.
Shares of NASDAQ TANH opened at $0.34 on Wednesday. Tantech has a 12 month low of $0.20 and a 12 month high of $15.70. The company has a 50-day simple moving average of $0.32 and a 200-day simple moving average of $0.50.
A hedge fund recently bought a new stake in Tantech stock. Virtu Financial LLC bought a new position in Tantech Holdings Ltd (NASDAQ:TANH – Get Rating) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 184,508 shares of the basic materials company’s stock, valued at approximately $88,000. Virtu Financial LLC owned about 2.88% of Tantech as of its most recent filing with the Securities and Exchange Commission (SEC).
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, Trading, and Electric Vehicle.
Read More
- Get a free copy of the StockNews.com research report on Tantech (TANH)
- Are These Cheap Copper Stocks Right For Your Portfolio?
- Zai Lab Stock Has Fallen to Value Levels
- It’s A Comfortable Time To Buy Steelcase
- Worthington Posts Strong Results, But Earnings Fall On One-Off Adjustments
- A Tasty Entry Point Into Darden Restaurants International
Receive News & Ratings for Tantech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tantech and related companies with MarketBeat.com's FREE daily email newsletter.
