China Green Agriculture Inc. (CGA) Issues Earnings Results
China Green Agriculture Inc. (NYSE:CGA) issued its earnings results on Monday. The company reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.03. China Green Agriculture had a net margin of 9.23% and a return on equity of 6.72%. The company earned $61.90 million during the quarter, compared to analysts’ expectations of $54 million. During the same period last year, the company posted $0.20 earnings per share.
China Green Agriculture (NYSE:CGA) opened at 1.38 on Tuesday. China Green Agriculture has a one year low of $1.10 and a one year high of $1.84. The stock has a market capitalization of $51.95 million, a PE ratio of 2.06 and a beta of 1.08. The firm has a 50-day moving average of $1.38 and a 200-day moving average of $1.39.
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 subsidiaries. The Company has three segments: Jinong (fertilizer production), Gufeng (fertilizer production) and Yuxing (agricultural products production).
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