Stock analysts at StockNews.com began coverage on shares of China Green Agriculture (NYSE:CGA – Get Free Report) in a report released on Friday. The firm set a “sell” rating on the basic materials company’s stock.
China Green Agriculture Trading Down 10.1 %
Shares of NYSE:CGA opened at $1.87 on Friday. The stock has a market capitalization of $27.66 million, a PE ratio of -0.93 and a beta of 0.54. China Green Agriculture has a 1 year low of $1.60 and a 1 year high of $4.00. The firm has a fifty day moving average price of $1.90 and a 200 day moving average price of $2.29.
China Green Agriculture (NYSE:CGA – Get Free Report) last released its quarterly earnings results on Tuesday, October 15th. The basic materials company reported ($0.72) earnings per share (EPS) for the quarter. The company had revenue of $22.71 million for the quarter. China Green Agriculture had a negative return on equity of 22.74% and a negative net margin of 27.43%.
About China Green Agriculture
China Green Agriculture, Inc, through its subsidiaries, engages in the research, development, production, and sale of various fertilizers, agricultural products, and bitcoin in the People's Republic of China and the United States. The company operates through four segments: Jinong (Fertilizer Production); Gufeng (Fertilizer Production); Yuxing (Agricultural Products Production); and Antaeus (Bitcoin).
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