China Green Agriculture, Inc. (CGA) Releases Earnings Results, Beats Expectations By $0.07 EPS

China Green Agriculture, Inc. (NYSE:CGA) released its quarterly earnings results on Monday, May 15th. The basic materials company reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.07, RTT News reports. China Green Agriculture had a return on equity of 6.98% and a net margin of 9.29%. The company had revenue of $81.31 million for the quarter. During the same quarter in the prior year, the firm earned $0.22 earnings per share.

China Green Agriculture (CGA) traded down 2.27% during midday trading on Friday, hitting $1.29. The company had a trading volume of 80,660 shares. China Green Agriculture has a 52 week low of $1.18 and a 52 week high of $1.68. The company has a market capitalization of $49.73 million, a P/E ratio of 1.89 and a beta of 0.67. The stock has a 50 day moving average price of $1.26 and a 200 day moving average price of $1.28.

Earnings History for China Green Agriculture (NYSE:CGA)

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China Green Agriculture Company Profile

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 Chinese subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co, Ltd. (Jinong) and Beijing Gufeng Chemical Products Co, Ltd.

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