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

StockNews.com started coverage on shares of China Green Agriculture (NYSE:CGAFree Report) in a research report sent to investors on Wednesday. The firm issued a sell rating on the basic materials company’s stock.

China Green Agriculture Trading Up 3.0 %

Shares of NYSE:CGA opened at $3.08 on Wednesday. China Green Agriculture has a 52-week low of $1.61 and a 52-week high of $4.00. The company has a 50-day simple moving average of $2.91 and a 200 day simple moving average of $2.49.

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

China Green Agriculture Company Profile

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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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