Planet Green (NYSEAMERICAN:PLAG) Shares Up 1% – Still a Buy?

Planet Green Holdings Corp. (NYSEAMERICAN:PLAGGet Free Report)’s share price was up 1% during mid-day trading on Monday . The stock traded as high as $2.13 and last traded at $2.10. Approximately 3,408 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 141,328 shares. The stock had previously closed at $2.08.

Planet Green Trading Up 3.3%

The firm has a market capitalization of $20.54 million, a P/E ratio of -5.76 and a beta of 0.73. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.48 and a current ratio of 0.56. The firm has a 50 day moving average price of $2.12 and a two-hundred day moving average price of $1.79.

About Planet Green

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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.

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