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

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

China Green Agriculture Stock Performance

CGA opened at $2.00 on Friday. The firm has a market cap of $29.59 million, a P/E ratio of -0.99 and a beta of 0.49. China Green Agriculture has a 52-week low of $1.61 and a 52-week high of $4.00. The business’s fifty day moving average is $2.64 and its 200-day moving average is $2.69.

China Green Agriculture (NYSE:CGA) last released its earnings results on Thursday, May 16th. The basic materials company reported ($0.79) earnings per share (EPS) for the quarter. The company had revenue of $32.94 million for the quarter. China Green Agriculture had a negative return on equity of 22.74% and a negative net margin of 27.43%.

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).