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

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

China Green Agriculture Price Performance

China Green Agriculture has a fifty-two week low of $1.60 and a fifty-two week 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 stock has a market cap of $29.28 million, a PE ratio of -0.98 and a beta of 0.58. The firm’s 50 day moving average is $1.97 and its two-hundred day moving average is $2.12.

China Green Agriculture (NYSE:CGA) last posted its quarterly earnings results on Tuesday, October 15th. The basic materials company reported ($0.72) earnings per share for the quarter. The firm had revenue of $22.71 million for the quarter. China Green Agriculture had a negative return on equity of 26.06% and a negative net margin of 31.34%.

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).