Tantech (NASDAQ:TANH) Receives New Coverage from Analysts at StockNews.com

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

Tantech Price Performance

Shares of Tantech stock opened at $0.78 on Friday. Tantech has a fifty-two week low of $0.52 and a fifty-two week high of $3.94. The firm has a fifty day moving average price of $0.68 and a two-hundred day moving average price of $0.79.

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.