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

StockNews.com started coverage on shares of China Green Agriculture (NYSE:CGA) in a research note issued to investors on Saturday. The firm issued a sell rating on the basic materials company’s stock.

China Green Agriculture Stock Performance

Shares of CGA stock opened at $1.81 on Friday. China Green Agriculture has a 12-month low of $1.60 and a 12-month high of $4.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.08 and a quick ratio of 1.47. The firm has a market capitalization of $26.78 million, a price-to-earnings ratio of -0.89 and a beta of 0.58. The business has a 50 day simple moving average of $1.92 and a 200 day simple moving average of $2.22.

China Green Agriculture (NYSE:CGA) last issued its quarterly earnings data on Tuesday, October 15th. The basic materials company reported ($0.72) earnings per share for the quarter. The company had revenue of $22.71 million for the quarter. China Green Agriculture had a negative net margin of 29.64% and a negative return on equity of 24.88%.

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).