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

Stock analysts at StockNews.com initiated coverage on shares of China Green Agriculture (NYSE:CGA) in a research report issued to clients and investors on Monday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Green Agriculture Stock Performance

Shares of CGA stock opened at $2.09 on Monday. The stock has a 50 day moving average price of $2.39 and a 200 day moving average price of $2.64. The firm has a market capitalization of $30.91 million, a P/E ratio of -1.03 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.

China Green Agriculture (NYSE:CGA) last announced its quarterly earnings results on Thursday, May 16th. The basic materials company reported ($0.79) earnings per share (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 company 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).