Tantech (NASDAQ:TANH) Earns Sell Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Tantech (NASDAQ:TANHGet Free Report) in a report released on Sunday. The firm set a “sell” rating on the basic materials company’s stock.

Tantech Stock Down 3.6 %

Shares of NASDAQ TANH opened at $0.15 on Friday. The business has a 50-day moving average of $0.17 and a two-hundred day moving average of $0.35. Tantech has a 1 year low of $0.12 and a 1 year high of $2.42.

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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