Tantech (NASDAQ:TANH) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Tantech (NASDAQ:TANH) in a research note released on Tuesday morning. The brokerage issued a sell rating on the basic materials company’s stock.

Tantech Stock Up 5.3 %

NASDAQ:TANH opened at $0.17 on Tuesday. The stock’s 50-day simple moving average is $0.16 and its 200 day simple moving average is $0.29. Tantech has a 52-week low of $0.12 and a 52-week high of $1.62.

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.