Planet Green (NYSEAMERICAN:PLAG) Trading 1% Higher – Time to Buy?

Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) shares shot up 1% on Monday . The stock traded as high as $2.13 and last traded at $2.10. 3,408 shares traded hands during trading, a decline of 98% from the average session volume of 141,328 shares. The stock had previously closed at $2.08.

Planet Green Price Performance

The business’s 50-day moving average price is $2.12 and its 200 day moving average price is $1.79. The company has a market capitalization of $19.70 million, a P/E ratio of -5.53 and a beta of 0.73. The company has a quick ratio of 0.48, a current ratio of 0.56 and a debt-to-equity ratio of 0.04.

Planet Green Company Profile

Planet Green Holdings Corp., through its subsidiaries, engages in the production and distribution of brick, black, and green tea products in China and internationally. It also imports and distributes beef and mutton products; manufactures and sells ethanol fuel and fuel additives, including alcohol based clean fuel, liquid wax, arene, and biomass fuel; and produces formaldehyde, urea formaldehyde adhesive, and methylal products, as well as vehicles gasoline and diesel products. In addition, the company manufactures and sells insulation type explosion-proof skid-mounted refueling equipment and SF double-layer buried oil storage tank products.