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

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

Tantech Price Performance

Shares of NASDAQ TANH opened at $0.76 on Friday. Tantech has a 1 year low of $0.52 and a 1 year high of $3.94. The firm has a 50-day simple moving average of $0.68 and a two-hundred day simple moving average of $0.87.

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.