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

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

Tantech Trading Down 7.5 %

Shares of TANH stock opened at $0.14 on Wednesday. The business’s 50 day simple moving average is $0.17 and its 200 day simple moving average is $0.42. Tantech has a one year low of $0.12 and a one year high of $2.89.

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.