Tantech (NASDAQ:TANH) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Tantech Holdings Ltd (NASDAQ:TANHGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.17 and traded as high as $0.17. Tantech shares last traded at $0.17, with a volume of 8,209,405 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Tantech in a report on Thursday. They issued a “sell” rating for the company.

Check Out Our Latest Report on TANH

Tantech Trading Down 0.7 %

The stock has a fifty day moving average of $0.17 and a 200-day moving average of $0.40.

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.

Featured Articles

Receive News & Ratings for Tantech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tantech and related companies with MarketBeat.com's FREE daily email newsletter.