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

StockNews.com assumed coverage on shares of China Green Agriculture (NYSE:CGAFree Report) in a research report sent to investors on Wednesday. The brokerage issued a sell rating on the basic materials company’s stock.

China Green Agriculture Price Performance

Shares of CGA stock opened at $3.08 on Wednesday. The stock has a market cap of $42.57 million, a P/E ratio of -2.55 and a beta of 0.50. China Green Agriculture has a one year low of $1.61 and a one year high of $4.00. The stock has a fifty day moving average price of $2.91 and a 200 day moving average price of $2.49.

China Green Agriculture (NYSE:CGAGet Free Report) last issued its earnings results on Friday, February 9th. The basic materials company reported ($0.40) EPS for the quarter. The firm had revenue of $17.80 million during the quarter. China Green Agriculture had a negative return on equity of 12.68% and a negative net margin of 14.54%.

About China Green Agriculture

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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).

Further Reading

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