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

Analysts at StockNews.com started coverage on shares of Tantech (NASDAQ:TANH) in a report issued on Tuesday. The firm set a “sell” rating on the basic materials company’s stock.

Tantech Trading Up 34.5 %

Shares of NASDAQ TANH opened at $0.19 on Tuesday. The stock has a fifty day moving average of $0.38 and a 200-day moving average of $0.58. Tantech has a fifty-two week low of $0.12 and a fifty-two week 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.