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

StockNews.com initiated coverage on shares of China Green Agriculture (NYSE:CGA) in a research note released on Monday. The brokerage issued a sell rating on the basic materials company’s stock.

China Green Agriculture Price Performance

Shares of NYSE CGA opened at $2.05 on Monday. The company has a 50 day simple moving average of $1.95 and a two-hundred day simple moving average of $2.15. 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 market capitalization of $30.33 million, a price-to-earnings ratio of -1.01 and a beta of 0.58. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.48 and a current ratio of 2.04.

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