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

Equities researchers at StockNews.com initiated coverage on shares of China Green Agriculture (NYSE:CGA) in a report released on Saturday. The firm set a “sell” rating on the basic materials company’s stock.

China Green Agriculture Stock Performance

The stock has a fifty day moving average of $1.99 and a 200 day moving average of $2.10. 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 firm has a market cap of $29.28 million, a price-to-earnings ratio of -0.98 and a beta of 0.58. China Green Agriculture has a one year low of $1.60 and a one year high of $4.00.

China Green Agriculture (NYSE:CGA) last announced its earnings results on Tuesday, October 15th. The basic materials company reported ($0.72) EPS for the quarter. The firm had revenue of $22.71 million for the quarter. China Green Agriculture had a negative return on equity of 26.06% and a negative net margin of 31.34%.

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).