Planet Green (NYSEAMERICAN:PLAG) Stock Price Up 1.1% – Time to Buy?

Planet Green Holdings Corp. (NYSEAMERICAN:PLAG)’s stock price rose 1.1% during trading on Tuesday. The company traded as high as $0.41 and last traded at $0.4067. Approximately 133,310 shares changed hands during trading, The stock had previously closed at $0.4024.

Planet Green Stock Performance

The firm has a market capitalization of $3.56 million, a P/E ratio of -1.00 and a beta of 1.21. The firm has a 50 day moving average price of $0.66 and a two-hundred day moving average price of $1.60.

Planet Green (NYSEAMERICAN:PLAG) last announced its earnings results on Friday, August 14th. The company reported ($0.08) earnings per share (EPS) for the quarter. Planet Green had a negative return on equity of 1,202.18% and a negative net margin of 276.14%. The company had revenue of $0.79 million for the quarter.

About Planet Green

Planet Green Holdings Corp. is a diversified consumer-products company that manufactures and distributes food and disposable non-woven products. The company was formerly known as American Lorain Corporation and adopted the Planet Green Holdings name in 2017.

Its food product portfolio has included packaged snack and specialty foods such as chestnuts, sweet potatoes, seeds, beans, dried fruits, vegetables and other shelf-stable products. The company has also been associated with disposable non-woven items, including protective and related single-use products.

Planet Green has historically served markets in China and internationally through its manufacturing and distribution operations.