China Green Agriculture (NYSE:CGA) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of China Green Agriculture (NYSE:CGAFree Report) in a research report released on Thursday morning. The brokerage issued a sell rating on the basic materials company’s stock.

China Green Agriculture Stock Performance

CGA opened at $2.86 on Thursday. The stock has a market cap of $39.53 million, a price-to-earnings ratio of -2.36 and a beta of 0.47. The firm’s fifty day moving average is $2.91 and its 200 day moving average is $2.52. China Green Agriculture has a fifty-two week low of $1.61 and a fifty-two week high of $4.00.

China Green Agriculture (NYSE:CGAGet Free Report) last announced its quarterly earnings data on Friday, February 9th. The basic materials company reported ($0.40) EPS for the quarter. China Green Agriculture had a negative net margin of 14.54% and a negative return on equity of 12.68%. The business had revenue of $17.80 million during the quarter.

About China Green Agriculture

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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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