Equities research analysts at StockNews.com started coverage on shares of China Green Agriculture (NYSE:CGA – Get Free Report) in a note issued to investors on Sunday. The firm set a “sell” rating on the basic materials company’s stock.
China Green Agriculture Stock Down 6.1 %
Shares of NYSE CGA opened at $2.16 on Friday. The firm’s fifty day moving average is $2.49 and its 200 day moving average is $2.68. China Green Agriculture has a 52 week low of $1.61 and a 52 week high of $4.00. The company has a market cap of $31.95 million, a price-to-earnings ratio of -1.07 and a beta of 0.49.
China Green Agriculture (NYSE:CGA – Get Free Report) last announced its quarterly earnings results on Thursday, May 16th. The basic materials company reported ($0.79) earnings per share (EPS) for the quarter. The firm had revenue of $32.94 million during 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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