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

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

Tantech Stock Performance

Shares of TANH opened at $0.15 on Friday. Tantech has a 1 year low of $0.12 and a 1 year high of $2.45. The stock’s fifty day moving average price is $0.17 and its two-hundred day moving average price is $0.36.

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.