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

Equities research analysts at StockNews.com assumed coverage on shares of China Green Agriculture (NYSE:CGA) in a report issued on Wednesday. The firm set a “sell” rating on the basic materials company’s stock.

China Green Agriculture Price Performance

Shares of CGA stock opened at $3.05 on Wednesday. China Green Agriculture has a fifty-two week low of $1.61 and a fifty-two week high of $4.00. The stock’s 50-day moving average is $2.91 and its two-hundred day moving average is $2.48. The firm has a market cap of $42.15 million, a P/E ratio of -2.52 and a beta of 0.50.

China Green Agriculture (NYSE:CGA) last issued its earnings results on Friday, February 9th. The basic materials company reported ($0.40) earnings per share for the quarter. China Green Agriculture had a negative return on equity of 12.68% and a negative net margin of 14.54%. The firm had revenue of $17.80 million during the quarter.

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).