Revenue Update on China Green Agriculture Inc(NYSE:CGA)

China Green Agriculture Inc(NYSE:CGA) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-market on Oct 3, 2016. Earnings per share were $0.15.

China Green Agriculture Inc (CGA) shares turned negative on Fridays trading session with the shares closing down -0.01 points or -0.68% at a volume of 59,227. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $1.47. The peak price level was also seen at $1.47 while the days lowest was $1.43. Finally the shares closed at $1.45. The 52-week high of the shares is $1.95 while the 52-week low is $1.1. According to the latest information available, the market cap of the company is $54 M.

Several Insider Transactions has been reported to the SEC. On Aug 17, 2015, Yiru Shi (director) sold 14,000 shares at $27,083.03 per share price.

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 subsidiaries. The Company has three segments: Jinong (fertilizer production) Gufeng (fertilizer production) and Yuxing (agricultural products production). The Company’s primary business is of fertilizer products specifically humic acid-based compound fertilizer produced through Jinong and compound fertilizer blended fertilizer organic compound fertilizer slow-release fertilizers water-soluble fertilizers and mixed organic-inorganic compound fertilizer produced through Gufeng. In addition through Yuxing the Company develops and produces agricultural products such as fruits vegetables top-grade flowers and colored seedlings. The Company also produces powder fertilizers and liquid fertilizers. Its brands include KEBA Mei Er An Huang Cheng Gen SPR HOP AGR GFJ and T.J.Y.

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