StockNews.com began coverage on shares of China Green Agriculture (NYSE:CGA – Free Report) in a research report released on Wednesday morning. The firm issued a sell rating on the basic materials company’s stock.
China Green Agriculture Stock Up 8.4 %
Shares of CGA opened at $1.89 on Wednesday. The company has a market capitalization of $27.90 million, a price-to-earnings ratio of -0.93 and a beta of 0.49. China Green Agriculture has a 52-week low of $1.61 and a 52-week high of $4.00. The stock has a 50 day moving average price of $2.18 and a 200 day moving average price of $2.61.
China Green Agriculture (NYSE:CGA – Get Free Report) last issued its quarterly earnings data on Thursday, May 16th. The basic materials company reported ($0.79) earnings per share for the quarter. The company had revenue of $32.94 million for the quarter. China Green Agriculture had a negative return on equity of 22.74% and a negative net margin of 27.43%.
China Green Agriculture Company Profile
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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