Planet Green (NYSEAMERICAN:PLAG) Posts Earnings Results

Planet Green (NYSEAMERICAN:PLAG) released its quarterly earnings results on Tuesday. The company reported ($1.56) earnings per share for the quarter, FiscalAI reports. Planet Green had a negative return on equity of 130.72% and a negative net margin of 317.12%.The firm had revenue of $0.52 million during the quarter.

Planet Green Price Performance

Planet Green stock traded down $0.23 during midday trading on Tuesday, hitting $1.45. 116,692 shares of the company’s stock were exchanged, compared to its average volume of 133,240. Planet Green has a 52-week low of $0.47 and a 52-week high of $4.49. The stock has a 50-day moving average price of $2.64 and a two-hundred day moving average price of $2.30. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.48 and a current ratio of 0.56. The company has a market cap of $13.60 million, a P/E ratio of -3.82 and a beta of 0.81.

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.