China Green Agriculture (NYSE:CGA) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of China Green Agriculture (NYSE:CGA) in a report issued on Friday morning. The brokerage issued a sell rating on the basic materials company’s stock.

China Green Agriculture Stock Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 2.04 and a quick ratio of 1.48. The stock has a market cap of $29.28 million, a P/E ratio of -0.98 and a beta of 0.58. The company’s fifty day simple moving average is $1.99 and its 200-day simple moving average is $2.10. China Green Agriculture has a twelve month low of $1.60 and a twelve month high of $4.00.

China Green Agriculture (NYSE:CGA) last released its quarterly earnings results on Tuesday, October 15th. The basic materials company reported ($0.72) EPS for the quarter. China Green Agriculture had a negative net margin of 31.34% and a negative return on equity of 26.06%. The business had revenue of $22.71 million during 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).