China Green Agriculture (CGA) Issues Earnings Results

China Green Agriculture (NYSE:CGA) released its quarterly earnings data on Wednesday. The basic materials company reported $0.20 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.06, RTT News reports. China Green Agriculture had a net margin of 8.00% and a return on equity of 5.92%.

China Green Agriculture (NYSE CGA) traded down $0.01 during mid-day trading on Thursday, reaching $1.39. 105,793 shares of the company’s stock were exchanged, compared to its average volume of 431,410. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.20 and a current ratio of 7.60. China Green Agriculture has a 1 year low of $1.19 and a 1 year high of $2.11. The company has a market capitalization of $57.48, a PE ratio of 2.53 and a beta of 0.87.

Separately, TheStreet raised shares of China Green Agriculture from a “c+” rating to a “b-” rating in a research report on Thursday, January 25th.

WARNING: “China Green Agriculture (CGA) Issues Earnings Results” was published by American Banking News and is the property of of American Banking News. If you are reading this piece on another site, it was stolen and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2018/02/15/china-green-agriculture-cga-issues-earnings-results.html.

About China Green Agriculture

China Green Agriculture, Inc is engaged in the research, development, production and sale of various types of fertilizers and agricultural products in the People’s Republic of China (PRC) through its Chinese subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co, Ltd. (Jinong) and Beijing Gufeng Chemical Products Co, Ltd.

Earnings History for China Green Agriculture (NYSE:CGA)

Receive News & Ratings for China Green Agriculture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Green Agriculture and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply