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

StockNews.com started coverage on shares of China Green Agriculture (NYSE:CGAFree Report) in a report published on Thursday morning. The firm issued a sell rating on the basic materials company’s stock.

China Green Agriculture Stock Up 7.9 %

Shares of CGA stock opened at $2.86 on Thursday. The company has a market capitalization of $39.53 million, a P/E ratio of -2.36 and a beta of 0.47. China Green Agriculture has a 12-month low of $1.61 and a 12-month high of $4.00. The firm has a 50-day moving average price of $2.91 and a 200 day moving average price of $2.52.

China Green Agriculture (NYSE:CGAGet Free Report) last issued its quarterly earnings data on Friday, February 9th. The basic materials company reported ($0.40) EPS for the quarter. The company had revenue of $17.80 million for the quarter. China Green Agriculture had a negative return on equity of 12.68% and a negative net margin of 14.54%.

About China Green Agriculture

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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).

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