Tantech (NASDAQ:TANH) Coverage Initiated by Analysts at StockNews.com

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

Tantech Trading Down 2.7 %

Shares of TANH opened at $0.16 on Friday. Tantech has a one year low of $0.12 and a one year high of $1.59. The company has a 50-day moving average of $0.17 and a two-hundred day moving average of $0.20.

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.