China Green Agriculture (NYSE:CGA) Share Price Passes Above 200 Day Moving Average of $2.51

China Green Agriculture, Inc. (NYSE:CGA)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.51 and traded as high as $2.85. China Green Agriculture shares last traded at $2.72, with a volume of 4,772 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on China Green Agriculture in a report on Thursday. They set a “sell” rating on the stock.

China Green Agriculture Stock Performance

The business has a fifty day simple moving average of $2.91 and a 200 day simple moving average of $2.51. The company has a market cap of $37.59 million, a P/E ratio of -2.25 and a beta of 0.50.

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

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).