Planet Green (NYSE:PLAG) Shares to Reverse Split on Monday, June 3rd

Planet Green Holdings Corp. (NYSE:PLAG) shares are scheduled to reverse split on Monday, June 3rd. The 1-10 reverse split was announced on Monday, June 3rd. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, June 3rd.

Planet Green Price Performance

PLAG stock opened at $0.22 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.65 and a quick ratio of 0.54. Planet Green has a 1-year low of $0.16 and a 1-year high of $1.14. The stock has a market capitalization of $15.92 million, a P/E ratio of -0.76 and a beta of -0.35. The business has a fifty day moving average price of $0.23 and a 200-day moving average price of $0.34.

Planet Green (NYSE:PLAG) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($0.01) EPS for the quarter. Planet Green had a negative return on equity of 92.31% and a negative net margin of 102.60%. The firm had revenue of $1.53 million during the quarter.

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.