Tantech (NASDAQ:TANH) Now Covered by Analysts at StockNews.com

by · The Markets Daily

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

Tantech Price Performance

Shares of NASDAQ:TANH opened at $0.15 on Friday. Tantech has a 12-month low of $0.12 and a 12-month high of $2.63. The business has a 50-day moving average price of $0.17 and a 200 day moving average price of $0.39.

About Tantech

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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.

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