Tantech (NASDAQ:TANH) Earns Sell Rating from Analysts at StockNews.com

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

Tantech Price Performance

Shares of NASDAQ TANH opened at $0.16 on Friday. Tantech has a twelve month low of $0.12 and a twelve month high of $1.59. The firm has a 50-day moving average of $0.17 and a two-hundred day moving average of $0.20.

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.