China Green Agriculture (NYSE:CGA) Stock Price Passes Above 200-Day Moving Average of $2.48

China Green Agriculture, Inc. (NYSE:CGA) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.48 and traded as high as $3.05. China Green Agriculture shares last traded at $3.05, with a volume of 2,735 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of China Green Agriculture in a research note on Wednesday. They issued a “sell” rating for the company.

China Green Agriculture Trading Up 1.3 %

The stock’s fifty day moving average is $2.91 and its two-hundred day moving average is $2.48. The company has a market capitalization of $42.15 million, a PE ratio of -2.52 and a beta of 0.50.

China Green Agriculture (NYSE:CGA) last issued its quarterly earnings results on Friday, February 9th. The basic materials company reported ($0.40) earnings per share for the quarter. The company 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

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).