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

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

Tantech Trading Down 8.8 %

Shares of Tantech stock opened at $0.15 on Wednesday. The company has a 50-day moving average of $0.17 and a 200 day moving average of $0.41. Tantech has a 1 year low of $0.12 and a 1 year high of $2.89.

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.