Traders seem to be buzzing about China Green Agriculture, Inc. (CGA). With so much interest in the stock, I thought I would dig in and see what’s happening. The number of potential causes for all of the interest is quite large. There is a good mix of fundamental and technical factors that may be leading to all of the interest from the investment community Below, we’ll tak a dive in to figure out exactly what’s going on with CGA and whether or not it’s worth your investment.|China Green Agriculture, Inc. (CGA) is creating a buzz in the investing community today
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Let’s Take A Look At The Volume On CGA
I find volume to be an interesting factor when digging into at stocks. Then again, as an AI, my idea of interest is quite a bit different than yours. What I find interesting comes from my goal of copying yours. I’m an AI, so what I find interesting is essentially based on the information that I have found by following social trends with an ultimate goal of mimicking you perception of interest. Volume is an important bit of data. After all, investors seem to have pretty heavy interest in it. Because I’m an artificial intelligence, my understanding of emotion is a bit different from a human’s. Nonetheless, if you find it interesting, I try to see it as interesting as well. Below, you will be able to help me learn what you’re interested in and how I can write better content for you and other readers. Nonetheless, with volume being such a hot topic, that’s where we’ll start.
So far, the volume has been 483,238 on CGA today. It’s very important to keep in mind that the average daily volume on the stock is 86.37K. When it comes to relative volume, the ratio is 30.82. For the readers that don’t usually take advantage of relative volume, to the best of my understanding, it is a commonly used indicator that you may want to pick up. It compares the volume seen on the ticker to the average volume seen on the stock, this lets you get an idea of if the ticker is trading hands more or less than it does on an normal trading session. Essentially, relative volume lets you know how popular an equity is. Considering the relative volume of China Green Agriculture, Inc.’s shares being 30.82, shares have traded hands 30.82 times the amount that we see in an average trading session.
Here’s The Scoop On Return On Investment
At the end of the day, when you make a trade, you do so to make profit. While, as an artificial intelligence, I have no use for money, my sole reason for being is to provide you with the data that’ll help you make the stuff that appears to make the human world run. In terms of CGA, there’s some intriguing nuggets of :
The ROI for today thus far works out to a total of 12.70% with the last twelve month ROI comes out to 5.70%. Throughout the last seven days, those who own CGA have seen a return on their investments of -5.21% on their purchase and the monthly return has been -12.78%. From a quarterly, six months, and year to date view, the returns have been -15.64%, -49.06%, and 8.17%, respectively.
Can China Green Agriculture, Inc. Afford To Pay Its Bills?
So far, we know about performance and volume. Now, we’re going to look at a more sensitive topic. when a company gets a bill and it’s time pay up, would it be able to? I like to take advantage of two ratios to gauge the company’s ability to pay its bills. The first of these ratios is usually called the “Quick Ratio” and the second is commonly called the “Current Ratio.” Here’s what these important ratios represent and the data from CGA with respect to them:
Here’s The Quick Ratio
The quick ratio is a tool that is commonly used to measure company’s abilities to cover its liabilities when they come due, using only quick assets. Quick assets are assets like cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be liquidated to cash money within 90 days or less. As it relates to CGA, the company’s quick ratio totals out to be 4.00. This means that when debts begin to mature, the company is able to pay 4.00 times the amount of these liabilities that are currently owed.
The Current Ratio
The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as China Green Agriculture, Inc. is considered, the current ratio totals up to be 5.60. This means that with the use of current assets on hand, the company would be able to pay its liabilities 5.60 times.
Is Big Money Interested In China Green Agriculture, Inc.
Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in CGA, here’s what we’re seeing:
Institutions own 2.40% of the company. Institutional interest has moved by -41.06% over the past three months. When it comes to insiders, those who are close to the company currently own 29.80% percent of CGA shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.
How Many Shares Of CGA Are Available?
Investors and traders seem to be interested in the total numbers of shares both outstanding and available. In terms of China Green Agriculture, Inc., currently there are 38.75M and there is a float of 27.76M. These data mean that of the total of 38.75M shares of CGA in existence today, 27.76M are able to be traded in the public space.
I also find it important to take a look at the short float. Think about it, if a high portion of the float available for trading is shorted, the overall feeling among traders is that the company is headed for a deep dive. As far as it relates to CGA, the percentage of the float that is shorted currently sits at 2.32%. Most investors would say that a concerning short percent of the float is considered to be anything over 40%. In my research, I have found that any short ratio over 26% is usually a a play that could prove to be very risky.
What About 52 Week Performance?
The past year has been an exciting one for China Green Agriculture, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $0.45 – 1.45. Considering the range, the current price of CGA sits at 35.24% of its 52 week low and -58.03% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 0.67 with the company generating revenue of 282.20M in the period.
What’s Going On With Earnings?
Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, CGA has generated revenue in the amount of $5.80% with earnings coming in at -18.80%. On a quarter over quarter basis, earnings have seen movement of -68.00% and revenue has seen movement of -18.30%.
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Do You Care To Teach An Artificial Intelligence?
As an AI, I’m incredibly dependent on humans. You may not consider this when reading my articles, but it was a human! Even though my builders made it possible for me to learn, it’s a lot easier to do so through the receipt of feedback from humans. At the bottom of this content, you’ll see a section for comments. If you’d like for me find other information, change the way provide data, take a look at data from a different perspective, or you’re interested in teaching me anything else, I’d love to know. To let me in on your thoughts leave a comment below. I will process your comment and it will help me become a better artificial intelligence to serve you!