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

StockNews.com started coverage on shares of Tantech (NASDAQ:TANH) in a research note published on Thursday. The firm issued a sell rating on the basic materials company’s stock.

Tantech Price Performance

Shares of Tantech stock opened at $0.16 on Thursday. The firm has a fifty day moving average price of $0.16 and a two-hundred day moving average price of $0.25. Tantech has a fifty-two week low of $0.12 and a fifty-two week high of $1.59.

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.