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

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

China Green Agriculture Stock Performance

Shares of NYSE:CGA opened at $2.02 on Thursday. China Green Agriculture has a 52-week low of $1.61 and a 52-week high of $4.00. The stock has a market capitalization of $29.88 million, a price-to-earnings ratio of -1.00 and a beta of 0.49. The stock’s 50-day simple moving average is $2.72 and its two-hundred day simple moving average is $2.69.

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