Planet Green (NYSEAMERICAN:PLAG) Posts Earnings Results

Planet Green (NYSEAMERICAN:PLAG) issued its quarterly earnings results on Friday. The company reported $0.04 EPS for the quarter, FiscalAI reports. Planet Green had a negative return on equity of 389.30% and a negative net margin of 887.08%.The firm had revenue of $6.36 million for the quarter.

Planet Green Stock Performance

Shares of PLAG traded up $0.03 during mid-day trading on Friday, reaching $1.76. The company had a trading volume of 54,675 shares, compared to its average volume of 100,691. The firm has a 50-day moving average price of $1.72 and a 200 day moving average price of $2.21. Planet Green has a 52 week low of $0.47 and a 52 week high of $4.49. The company has a market capitalization of $16.51 million, a price-to-earnings ratio of -4.63 and a beta of 1.17.

About Planet Green

Planet Green Holdings Corp., through its subsidiaries, engages in the production and distribution of brick, black, and green tea products in China and internationally. It also imports and distributes beef and mutton products; manufactures and sells ethanol fuel and fuel additives, including alcohol based clean fuel, liquid wax, arene, and biomass fuel; and produces formaldehyde, urea formaldehyde adhesive, and methylal products, as well as vehicles gasoline and diesel products. In addition, the company manufactures and sells insulation type explosion-proof skid-mounted refueling equipment and SF double-layer buried oil storage tank products.