CGA Stock Surges by 5.24% Amidst Volatile Trading

Article's Main Image

China Green Agriculture (CGA, Financial) experienced significant volatility as its stock price surged by 5.24%. The stock is currently priced at $2.01 with a volume of 2,451 shares, a turnover rate of 0.02%, and an amplitude of 0.90%.

Recent financial reports reveal that China Green Agriculture generated a revenue of $32.94 million but posted a net loss of $10.90 million, resulting in earnings per share of -$0.77. The company's gross profit stood at $6.34 million, and it holds a price-to-earnings ratio of -0.95. There are currently no institutional investment ratings suggesting buy, hold, or sell for this stock.

Within the agricultural products sector, the overall increase was 0.50%. Notable performers include Corteva, Inc., Israel Chemicals, and Nutrien Ltd. N2Off, Inc., The Mosaic Company, and Benson Hill, Inc. showed increased activity with turnover rates of 1.34%, 0.49%, and 0.39%, respectively. Stocks such as Lavoro Limited, Benson Hill, Inc., and Origin Agritech Limited had significant amplitudes of 6.61%, 6.01%, and 5.37%.

China Green Agriculture focuses on the production and distribution of fertilizers and agricultural products, including humic acid-based compound fertilizers, organic and inorganic fertilizers, and premium fruits, vegetables, and flowers in China. Their operations are structured into four segments: Jinnong Fertilizer Products, Gufeng Fertilizer Products, Yuxing Agriculture Products, and VIE, all conducted within China.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.