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

Stock analysts at StockNews.com initiated coverage on shares of China Green Agriculture (NYSE:CGA) in a research report issued on Wednesday. The firm set a “sell” rating on the basic materials company’s stock.

China Green Agriculture Trading Up 1.3 %

NYSE:CGA opened at $3.05 on Wednesday. The company’s 50-day moving average price is $2.91 and its 200-day moving average price is $2.48. The company has a market cap of $42.15 million, a P/E ratio of -2.52 and a beta of 0.50. China Green Agriculture has a twelve month low of $1.61 and a twelve month high of $4.00.

China Green Agriculture (NYSE:CGA) last issued 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 firm had revenue of $17.80 million for the quarter.

About China Green Agriculture

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).