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

StockNews.com began coverage on shares of China Green Agriculture (NYSE:CGA) in a research note published on Tuesday. The brokerage issued a sell rating on the basic materials company’s stock.

China Green Agriculture Stock Performance

NYSE CGA traded down $0.13 during trading on Tuesday, hitting $1.74. 1,604 shares of the company’s stock traded hands, compared to its average volume of 18,902. The stock has a market capitalization of $25.74 million, a price-to-earnings ratio of -0.86 and a beta of 0.49. China Green Agriculture has a 12-month low of $1.61 and a 12-month high of $4.00. The business has a 50 day moving average of $2.24 and a 200-day moving average of $2.61.

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

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).