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

Analysts at StockNews.com started coverage on shares of China Green Agriculture (NYSE:CGA) in a note issued to investors on Sunday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Green Agriculture Trading Up 1.4 %

Shares of CGA stock opened at $1.86 on Friday. 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 business’s fifty day moving average price is $1.92 and its 200 day moving average price is $2.20. China Green Agriculture has a 1-year low of $1.60 and a 1-year high of $4.00. The firm has a market capitalization of $27.51 million, a PE ratio of -0.91 and a beta of 0.58.

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

China Green Agriculture Company Profile

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).