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

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

Tantech Stock Down 18.4 %

Shares of TANH stock opened at $0.15 on Tuesday. Tantech has a 52 week low of $0.12 and a 52 week high of $3.94. The stock has a fifty day moving average of $0.38 and a 200 day moving average of $0.58.

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.