China Packaging Grp (CPGI) Announces Quarterly Earnings
China Packaging Grp (NASDAQ:CPGI) posted its quarterly earnings results on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, AR Network reports. The company had revenue of $37.20 million for the quarter, compared to the consensus estimate of $29.90 million.
Shares of China Packaging Grp (NASDAQ:CPGI) traded down 0.86% during mid-day trading on Thursday, hitting $0.92. The stock had a trading volume of 5,402 shares. China Packaging Grp has a 1-year low of $0.80 and a 1-year high of $1.56. The stock has a 50-day moving average of $0.96 and a 200-day moving average of $0.9. The company has a market cap of $35.7 million and a P/E ratio of 27.29.
China Packaging Group Inc, formerly Healthplace Corporation, is a paper packaging company in China. The Company is engaged in the design, manufacturing and sale of corrugated paperboards and flexo-printed and color-printed paper cartons.
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