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

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

Tantech Stock Performance

Shares of TANH opened at $0.18 on Monday. Tantech has a 52 week low of $0.12 and a 52 week high of $3.28. The stock’s 50-day moving average price is $0.17 and its 200-day moving average price is $0.45.

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.