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

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

China Green Agriculture Trading Up 1.2 %

Shares of CGA opened at $2.58 on Tuesday. The firm has a market capitalization of $38.16 million, a P/E ratio of -1.28 and a beta of 0.49. The stock’s fifty day simple moving average is $2.83 and its 200 day simple moving average is $2.67. China Green Agriculture has a twelve month low of $1.61 and a twelve month high of $4.00.

China Green Agriculture (NYSE:CGAGet Free Report) last released its quarterly earnings data on Thursday, May 16th. The basic materials company reported ($0.79) EPS for the quarter. China Green Agriculture had a negative net margin of 27.43% and a negative return on equity of 22.74%. The company had revenue of $32.94 million during the quarter.

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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