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

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

Tantech Stock Performance

TANH opened at $0.22 on Wednesday. Tantech has a one year low of $0.12 and a one year high of $1.59. The company has a fifty day moving average price of $0.16 and a 200-day moving average price of $0.27.

Tantech Company Profile

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.