China Green Agriculture - CGA Stock Forecast, Price & News

China Green Agriculture, Inc., through its subsidiaries, engages in the research, development, production, and sale of various fertilizers and agricultural products in the People's Republic of China. The company operates through four segments: Jinong, Gufeng, Yuxing, and Sales VIEs. Its fertilizer products comprise humic acid-based compound fertilizers, blended fertilizers, organic compound fertilizers, slow-release fertilizers, highly concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizers, as well as develops, produces, and distributes agricultural products, such as fruits, vegetables, flowers, and colored seedlings. The company markets its fertilizer products to private wholesalers and retailers of agricultural farm products. It sells its decorative flowers to end-users, such as flower shops, luxury hotels, and government agencies; fruits and vegetables to supermarkets and upscale restaurants; and seedlings to city planning departments. As of June 30, 2021, the company operated a network of 1,756 distributors covering 22 provinces, 4 autonomous regions, and 4 central government-controlled municipalities in China. It also exports its products through contracted distributors to various countries, including India and Africa. China Green Agriculture, Inc. was incorporated in 1987 and is based in Xi'an, the People's Republic of China.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on China Green Agriculture in a research report on Tuesday. They issued a "sell" rating for the company.

China Green Agriculture Price Performance

NYSE:CGA traded down $0.02 on Friday, hitting $4.65. The company had a trading volume of 304 shares, compared to its average volume of 4,684. The company's fifty day moving average price is $5.39 and its 200-day moving average price is $7.72. China Green Agriculture has a 12-month low of $4.29 and a 12-month high of $12.48.

China Green Agriculture (NYSE:CGA - Get Rating) last released its earnings results on Friday, July 1st. The basic materials company reported ($3.60) EPS for the quarter. China Green Agriculture had a negative return on equity of 70.14% and a negative net margin of 54.24%. The company had revenue of $61.14 million for the quarter.