StockNews.com assumed coverage on shares of China Green Agriculture (NYSE:CGA – Get Rating) in a report released on Saturday morning. The firm issued a sell rating on the basic materials company’s stock.
China Green Agriculture Stock Performance
CGA stock opened at $7.60 on Friday. China Green Agriculture has a twelve month low of $4.29 and a twelve month high of $12.48. The business has a fifty day moving average of $5.35 and a 200-day moving average of $7.32.
China Green Agriculture (NYSE:CGA – Get Rating) last released its earnings results on Friday, July 1st. The basic materials company reported ($3.60) earnings per share for the quarter. The firm had revenue of $61.14 million for the quarter. China Green Agriculture had a negative return on equity of 70.14% and a negative net margin of 54.24%.
Institutional Investors Weigh In On China Green Agriculture
China Green Agriculture Company Profile
China Green Agriculture, Inc, through its subsidiaries, engages in the research, development, production, and sale of various fertilizers and agricultural products in the People's Republic of China. The company operates through four segments: Jinong, Gufeng, Yuxing, and Sales VIEs. Its fertilizer products comprise humic acid-based compound fertilizers, blended fertilizers, organic compound fertilizers, slow-release fertilizers, highly concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizers, as well as develops, produces, and distributes agricultural products, such as fruits, vegetables, flowers, and colored seedlings.
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