Equities researchers at StockNews.com initiated coverage on shares of China Green Agriculture (NYSE:CGA – Get Free Report) in a research report issued to clients and investors on Thursday. The brokerage set a “sell” rating on the basic materials company’s stock.
China Green Agriculture Stock Up 8.0 %
CGA stock opened at $2.86 on Thursday. China Green Agriculture has a one year low of $1.61 and a one year high of $4.00. The company has a fifty day moving average price of $2.91 and a two-hundred day moving average price of $2.52.
China Green Agriculture (NYSE:CGA – Get Free Report) last announced its earnings results on Friday, February 9th. The basic materials company reported ($0.40) EPS for the quarter. China Green Agriculture had a negative return on equity of 12.68% and a negative net margin of 14.54%. The company had revenue of $17.80 million for the quarter.
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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