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

Research analysts at StockNews.com began coverage on shares of China Green Agriculture (NYSE:CGA) in a research note issued on Friday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Green Agriculture Trading Down 2.7 %

Shares of NYSE CGA opened at $2.90 on Friday. China Green Agriculture has a 1-year low of $1.61 and a 1-year high of $4.00. The company has a 50-day moving average of $2.92 and a two-hundred day moving average of $2.54. The company has a market cap of $40.08 million, a PE ratio of -2.40 and a beta of 0.47.

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