Planet Green (NYSEAMERICAN:PLAG) Stock Price Down 2.3% – Here’s What Happened

Shares of Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) were down 2.3% on Tuesday . The company traded as low as $1.6370 and last traded at $1.6370. Approximately 35,166 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 23,844 shares. The stock had previously closed at $1.6750.

Planet Green Stock Performance

The business’s 50 day simple moving average is $1.63 and its 200-day simple moving average is $2.13. The stock has a market capitalization of $15.36 million, a price-to-earnings ratio of -4.31 and a beta of 1.10.

Planet Green (NYSEAMERICAN:PLAG) last posted its earnings results on Saturday, May 16th. The company reported $0.04 EPS for the quarter. Planet Green had a negative net margin of 299.99% and a negative return on equity of 1,172.32%. The firm had revenue of $6.36 million during the quarter.

Planet Green Company Profile

Planet Green Holdings Corp., through its subsidiaries, engages in the production and distribution of brick, black, and green tea products in China and internationally. It also imports and distributes beef and mutton products; manufactures and sells ethanol fuel and fuel additives, including alcohol based clean fuel, liquid wax, arene, and biomass fuel; and produces formaldehyde, urea formaldehyde adhesive, and methylal products, as well as vehicles gasoline and diesel products. In addition, the company manufactures and sells insulation type explosion-proof skid-mounted refueling equipment and SF double-layer buried oil storage tank products.