PLAG Stock Surges 10% Amidst Industry Movements

Author's Avatar
Jan 03, 2025

US Green Planet (PLAG, Financial) experienced a significant stock price surge of 10%, reaching $2.75 per share with a trading volume of 520 shares. Despite this increase, the company's financials show a challenging scenario, with a reported revenue of $1.81 million and a net loss of $1.19 million, resulting in an earnings per share of -$0.16 and a negative P/E ratio of -1.79. Currently, no institutional ratings are available for PLAG.

Within the conglomerate industry, where US Green Planet operates, the overall growth was 0.24%. Notable gains were observed in companies like Nn, Inc., Harte-Hanks, and Mammoth Energy Services, Inc. Active stocks included 1847 Holdings Llc, Dmc Global Inc., and Mdu Resources Group, Inc., with turnover rates of 12.47%, 0.29%, and 0.25%, respectively. Stocks with significant volatility included 1847 Holdings Llc, Mammoth Energy Services, Inc., and Cresud S.A.C.I.F.Y.A. Spons, with amplitudes of 15.28%, 8.39%, and 5.47%.

US Green Planet is a diversified technology and consumer goods company operating in North America and China. It is involved in the production and distribution of tea products in China, the development and sale of chemical products such as formaldehyde and fuel additives, and the operation of a demand-side platform for digital advertising in North America and 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.