Planet Green (NYSE:PLAG) Shares Up 15.9%

Planet Green Holdings Corp. (NYSE:PLAGGet Free Report)’s stock price traded up 15.9% during trading on Thursday . The stock traded as high as $0.24 and last traded at $0.23. 177,844 shares traded hands during mid-day trading, an increase of 309% from the average session volume of 43,468 shares. The stock had previously closed at $0.20.

Planet Green Trading Up 4.4 %

The company has a current ratio of 0.65, a quick ratio of 0.55 and a debt-to-equity ratio of 0.21. The firm has a market cap of $17.30 million, a price-to-earnings ratio of -0.83 and a beta of -0.35. The company has a fifty day moving average price of $0.23 and a 200-day moving average price of $0.35.

Shares of Planet Green 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 market closes on Monday, June 3rd.

Planet Green (NYSE:PLAGGet Free Report) last posted its earnings results on Monday, April 1st. The company reported ($0.09) EPS for the quarter. The business had revenue of $9.83 million for the quarter. Planet Green had a negative net margin of 102.60% and a negative return on equity of 92.31%.

Planet Green Company Profile

(Get Free Report)

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.

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