Planet Green (NYSEAMERICAN:PLAG) Issues Quarterly Earnings Results

Planet Green (NYSEAMERICAN:PLAG) released its quarterly earnings data on Friday. The company reported $0.04 EPS for the quarter, FiscalAI reports. Planet Green had a negative return on equity of 389.30% and a negative net margin of 887.08%.The company had revenue of $6.36 million for the quarter.

Planet Green Stock Performance

Shares of NYSEAMERICAN PLAG traded up $0.03 during midday trading on Friday, reaching $1.76. 54,675 shares of the company’s stock were exchanged, compared to its average volume of 100,691. Planet Green has a 52-week low of $0.47 and a 52-week high of $4.49. The stock has a market capitalization of $16.51 million, a PE ratio of -4.63 and a beta of 1.17. The business’s fifty day moving average price is $1.72 and its two-hundred day moving average price is $2.21.

Planet Green Company Profile

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.