Planet Green (NYSEAMERICAN:PLAG) Announces Earnings Results

Planet Green (NYSEAMERICAN:PLAG) released its earnings results on Friday. The company reported ($0.08) earnings per share (EPS) for the quarter, FiscalAI reports. Planet Green had a negative net margin of 299.99% and a negative return on equity of 1,172.32%. The company had revenue of $0.79 million during the quarter.

Planet Green Stock Performance

PLAG stock traded down $0.23 during mid-day trading on Friday, reaching $0.90. The company had a trading volume of 2,266,555 shares, compared to its average volume of 2,161,711. The firm has a fifty day simple moving average of $1.45 and a 200 day simple moving average of $1.88. The company has a market capitalization of $8.44 million, a price-to-earnings ratio of -2.37 and a beta of 1.12. Planet Green has a fifty-two week low of $0.49 and a fifty-two week high of $6.81.

About Planet Green

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.