StockNews.com Begins Coverage on Tantech (NASDAQ:TANH)

Equities researchers at StockNews.com started coverage on shares of Tantech (NASDAQ:TANH) in a report released on Monday. The brokerage set a “sell” rating on the basic materials company’s stock.

Tantech Trading Up 4.3 %

Tantech stock opened at $0.18 on Monday. The stock has a 50-day moving average of $0.16 and a two-hundred day moving average of $0.46. Tantech has a one year low of $0.12 and a one year high of $3.28.

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.