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

StockNews.com began coverage on shares of China Green Agriculture (NYSE:CGA) in a research report issued on Thursday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Green Agriculture Stock Performance

The stock’s fifty day simple moving average is $1.98 and its 200-day simple moving average is $2.11. China Green Agriculture has a 1-year low of $1.60 and a 1-year high of $4.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.48 and a current ratio of 2.04. The firm has a market cap of $29.28 million, a P/E ratio of -0.98 and a beta of 0.58.

China Green Agriculture (NYSE:CGA) last released its earnings results on Tuesday, October 15th. The basic materials company reported ($0.72) EPS for the quarter. China Green Agriculture had a negative return on equity of 26.06% and a negative net margin of 31.34%. 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).