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

Equities research analysts at StockNews.com started coverage on shares of Tantech (NASDAQ:TANH – Get Free Report) in a research note issued to investors on Sunday. The firm set a “sell” rating on the basic materials company’s stock.

Tantech Price Performance

TANH stock opened at $0.80 on Friday. Tantech has a 52 week low of $0.52 and a 52 week high of $3.94. The company’s 50-day moving average price is $0.69 and its 200 day moving average price is $0.76.

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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