Planet Green Holdings Corp. (NYSE:PLAG) CEO Bin Zhou Buys 880,000 Shares

Planet Green Holdings Corp. (NYSE:PLAG – Get Rating) CEO Bin Zhou bought 880,000 shares of the company’s stock in a transaction on Wednesday, July 27th. The shares were bought at an average price of $1.61 per share, with a total value of $1,416,800.00. Following the completion of the transaction, the chief executive officer now owns 9,942,000 shares of the company’s stock, valued at $16,006,620. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Bin Zhou also recently made the following trade(s):

• On Friday, July 22nd, Bin Zhou bought 4,800,000 shares of Planet Green stock. The shares were bought at an average price of $1.50 per share, with a total value of $7,200,000.00.

Planet Green Price Performance

Shares of Planet Green stock opened at $0.90 on Friday. Planet Green Holdings Corp. has a 1 year low of $0.34 and a 1 year high of $1.69. The company has a current ratio of 0.78, a quick ratio of 0.55 and a debt-to-equity ratio of 0.01. The company has a 50 day simple moving average of $0.84 and a two-hundred day simple moving average of $0.83.

Planet Green (NYSE:PLAG – Get Rating) last announced its earnings results on Friday, May 13th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $11.98 million for the quarter. Planet Green had a negative net margin of 20.51% and a negative return on equity of 19.03%.

Planet Green Company Profile

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Planet Green Holdings Corp., through its subsidiaries, grows, manufactures, and distributes brick, black, and green tea products in China and internationally. It also imports and distributes beef products; and engages in the research, development, manufacture, and sale of chemical products, including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives, and clean fuel.