Planet Green (NYSEAMERICAN:PLAG) Trading Down 5.2% – Here’s Why

Planet Green Holdings Corp. (NYSEAMERICAN:PLAG)’s stock price was down 5.2% during trading on Friday . The company traded as low as $1.82 and last traded at $1.82. Approximately 3,972 shares were traded during trading, a decline of 96% from the average daily volume of 100,925 shares. The stock had previously closed at $1.92.

Planet Green Price Performance

The company has a market cap of $17.07 million, a price-to-earnings ratio of -4.79 and a beta of 1.17. The business’s fifty day moving average price is $1.77 and its 200 day moving average price is $2.23.

Planet Green (NYSEAMERICAN:PLAG) last issued its quarterly earnings results on Tuesday, March 31st. The company reported ($1.56) EPS for the quarter. The business had revenue of $0.52 million for the quarter. Planet Green had a negative return on equity of 389.30% and a negative net margin of 887.08%.

About Planet Green

Planet Green Holdings Corp., through its subsidiaries, engages in the production and distribution of brick, black, and green tea products in China and internationally. It also imports and distributes beef and mutton products; manufactures and sells ethanol fuel and fuel additives, including alcohol based clean fuel, liquid wax, arene, and biomass fuel; and produces formaldehyde, urea formaldehyde adhesive, and methylal products, as well as vehicles gasoline and diesel products. In addition, the company manufactures and sells insulation type explosion-proof skid-mounted refueling equipment and SF double-layer buried oil storage tank products.