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

Analysts at StockNews.com initiated coverage on shares of Tantech (NASDAQ:TANHGet Free Report) in a report released on Saturday. The firm set a “sell” rating on the basic materials company’s stock.

Tantech Price Performance

Shares of Tantech stock opened at $0.17 on Friday. The business has a 50-day moving average price of $0.17 and a 200 day moving average price of $0.20. Tantech has a fifty-two week low of $0.12 and a fifty-two week high of $1.59.

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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