Planet Green (NYSEAMERICAN:PLAG) Releases Earnings Results

Planet Green (NYSEAMERICAN:PLAG) issued its earnings results on Friday. The company reported ($0.08) earnings per share for the quarter, FiscalAI reports. The company had revenue of $0.79 million during the quarter. Planet Green had a negative return on equity of 1,172.32% and a negative net margin of 299.99%.

Planet Green Trading Down 20.4%

NYSEAMERICAN PLAG opened at $0.90 on Friday. Planet Green has a 52 week low of $0.49 and a 52 week high of $6.81. The stock has a market cap of $8.44 million, a P/E ratio of -2.37 and a beta of 1.12. The company’s fifty day simple moving average is $1.44 and its 200-day simple moving average is $1.87.

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.