CGA Stock Surges Amid Market Fluctuation

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5 days ago
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The stock of China Green Agriculture (CGA, Financial) experienced significant volatility, with shares climbing 7.73%. The latest trading saw the price at $2.09 per share, with a volume of 8,988 shares exchanged, a turnover rate of 0.06%, and an amplitude of 8.25%.

Financial reports reveal that CGA posted revenue of $95.85 million, although it reported a net loss of $28.41 million. The earnings per share stand at a negative $2.04, with a gross profit of $19.72 million, and a price-to-earnings ratio of -0.99. Currently, there are no institutional ratings of buy, hold, or sell for this stock.

In the agricultural supplies sector, where CGA operates, the overall market shows no significant changes. However, CGA, Bioceres Crop Solutions Corp., and The Mosaic Company have recorded notable gains. The most active stocks in this sector include N2Off, Inc., Benson Hill, Inc., and The Mosaic Company, with turnover rates of 2.11%, 0.48%, and 0.43%, respectively. CGA showed the highest fluctuation in amplitude, followed by N2Off, Inc., and Bioceres Crop Solutions Corp.

China Green Agriculture specializes in fertilizers and agricultural products, covering research, development, production, distribution, and sales of products like humic acid compound fertilizers, organic fertilizers, and high-end fruits, vegetables, flowers, and seedlings in China. Its operations are divided into four sectors, all based in China: Jinong fertilizer products, Gufeng fertilizer products, agricultural products (Yuxing), and sales through variable interest entities (VIE).

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.