Planet Green (NYSEAMERICAN:PLAG) Shares Up 1.8% – What’s Next?

Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) shares rose 1.8% during mid-day trading on Friday . The company traded as high as $2.24 and last traded at $2.24. Approximately 11,536 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 299,660 shares. The stock had previously closed at $2.20.

Planet Green Stock Up 1.8%

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.48 and a current ratio of 0.56. The business has a 50 day simple moving average of $2.06 and a 200-day simple moving average of $1.81. The firm has a market capitalization of $21.01 million, a price-to-earnings ratio of -5.89 and a beta of 0.73.

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.