StockNews.com started coverage on shares of China Green Agriculture (NYSE:CGA – Free Report) in a research note released on Friday morning. The brokerage issued a sell rating on the basic materials company’s stock.
China Green Agriculture Stock Up 0.5 %
NYSE CGA opened at $1.88 on Friday. China Green Agriculture has a 52 week low of $1.60 and a 52 week high of $4.00. The business’s fifty day simple moving average is $1.90 and its 200-day simple moving average is $2.28. The firm has a market cap of $27.81 million, a PE ratio of -0.93 and a beta of 0.54.
China Green Agriculture (NYSE:CGA – Get Free Report) last issued 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 net margin of 27.43% and a negative return on equity of 22.74%. The firm 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).
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