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

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

Tantech Trading Down 3.9 %

Tantech stock opened at $0.73 on Friday. The stock has a 50-day moving average price of $0.68 and a 200 day moving average price of $0.86. Tantech has a 52 week low of $0.52 and a 52 week high of $3.94.

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.