China Green Agriculture (NYSE:CGA) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of China Green Agriculture (NYSE:CGA) in a research note issued on Saturday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Green Agriculture Price Performance

Shares of NYSE CGA opened at $1.96 on Friday. The stock’s 50-day simple moving average is $1.91 and its 200-day simple moving average is $2.24. The firm has a market capitalization of $28.99 million, a PE ratio of -0.96 and a beta of 0.58. China Green Agriculture has a fifty-two week low of $1.60 and a fifty-two week high of $4.00. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.47 and a current ratio of 2.08.

China Green Agriculture (NYSE:CGA) last released its quarterly earnings data on Tuesday, October 15th. The basic materials company reported ($0.72) earnings per share for the quarter. China Green Agriculture had a negative return on equity of 24.88% and a negative net margin of 29.64%. The company had revenue of $22.71 million for the quarter.

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).