StockNews.com started coverage on shares of China Green Agriculture (NYSE:CGA – Free Report) in a research note issued to investors on Friday. The firm issued a sell rating on the basic materials company’s stock.
China Green Agriculture Stock Performance
Shares of CGA opened at $1.90 on Friday. The firm has a market capitalization of $28.11 million, a P/E ratio of -0.94 and a beta of 0.54. China Green Agriculture has a 52 week low of $1.60 and a 52 week high of $4.00. The stock has a 50 day moving average price of $1.90 and a two-hundred day moving average price of $2.27.
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) EPS for the quarter. The company had revenue of $22.71 million during the quarter. China Green Agriculture had a negative net margin of 27.43% and a negative return on equity of 22.74%.
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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