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

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

Tantech Stock Performance

Shares of NASDAQ:TANH opened at $0.19 on Monday. Tantech has a 12-month low of $0.12 and a 12-month high of $3.28. The company has a fifty day simple moving average of $0.17 and a 200 day simple moving average of $0.46.

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.