StockNews.com Initiates Coverage on China Green Agriculture (NYSE:CGA)

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

China Green Agriculture Stock Performance

The company has a current ratio of 2.04, a quick ratio of 1.48 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of $1.97 and a 200 day simple moving average of $2.12. China Green Agriculture has a 12 month low of $1.60 and a 12 month high of $4.00.

China Green Agriculture (NYSE:CGA) last posted its quarterly earnings data on Tuesday, October 15th. The basic materials company reported ($0.72) earnings per share for the quarter. The business had revenue of $22.71 million during the quarter. China Green Agriculture had a negative return on equity of 26.06% and a negative net margin of 31.34%.

China Green Agriculture Company Profile

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).