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. Planet Green had a negative net margin of 299.99% and a negative return on equity of 1,172.32%. The company had revenue of $0.79 million for the quarter.

Planet Green Stock Down 20.4%

Shares of Planet Green stock traded down $0.23 on Friday, hitting $0.90. The stock had a trading volume of 2,321,678 shares, compared to its average volume of 15,939,432. Planet Green has a one year low of $0.49 and a one year high of $6.81. The stock’s 50-day simple moving average is $1.44 and its two-hundred day simple moving average is $1.87. The stock has a market cap of $8.44 million, a price-to-earnings ratio of -2.37 and a beta of 1.12.

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.