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

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

Tantech Price Performance

NASDAQ TANH opened at $0.15 on Friday. The company has a 50 day simple moving average of $0.17 and a 200-day simple moving average of $0.38. Tantech has a 52-week low of $0.12 and a 52-week high of $2.47.

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.