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

Analysts at StockNews.com started coverage on shares of Tantech (NASDAQ:TANHGet Free Report) in a research report issued on Thursday. The brokerage set a “sell” rating on the basic materials company’s stock.

Tantech Stock Down 12.3 %

NASDAQ TANH opened at $0.18 on Thursday. The company has a 50-day moving average price of $0.16 and a 200-day moving average price of $0.26. Tantech has a 52 week low of $0.12 and a 52 week high of $1.59.

About Tantech

(Get Free Report)

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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