Planet Green (NYSEAMERICAN:PLAG – Get Free Report) released its earnings results on Friday. The company reported ($0.03) earnings per share (EPS) for the quarter, FiscalAI reports. Planet Green had a negative return on equity of 1,202.18% and a negative net margin of 276.14%. The business had revenue of $2.49 million for the quarter.
Planet Green Stock Up 5.3%
NYSEAMERICAN PLAG traded up $0.02 during trading hours on Friday, reaching $0.38. The company’s stock had a trading volume of 528,847 shares, compared to its average volume of 2,316,067. The firm’s 50-day moving average price is $0.58 and its 200-day moving average price is $1.47. Planet Green has a 1 year low of $0.21 and a 1 year high of $6.81. The company has a market capitalization of $3.56 million, a price-to-earnings ratio of -1.00 and a beta of 1.26.
Planet Green Company Profile
Planet Green Holdings Corp. is a diversified consumer-products company that manufactures and distributes food and disposable non-woven products. The company was formerly known as American Lorain Corporation and adopted the Planet Green Holdings name in 2017. Its food product portfolio has included packaged snack and specialty foods such as chestnuts, sweet potatoes, seeds, beans, dried fruits, vegetables and other shelf-stable products. The company has also been associated with disposable non-woven items, including protective and related single-use products.
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