The stock of Planet Green Holdings Corp (PLAG) has seen a -31.09% decrease in the past week, with a -32.79% drop in the past month, and a -41.69% decrease in the past quarter. The volatility ratio for the week is 18.58%, and the volatility levels for the past 30 days are at 10.79% for PLAG. The simple moving average for the past 20 days is -28.98% for PLAG’s stock, with a -33.99% simple moving average for the past 200 days.
Is It Worth Investing in Planet Green Holdings Corp (AMEX: PLAG) Right Now?
, and the 36-month beta value for PLAG is at -0.01. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The average price suggested by analysts for PLAG is $150.00, The public float for PLAG is 36.14M, and currently, shorts hold a 0.12% of that float. The average trading volume for PLAG on November 20, 2023 was 273.08K shares.
PLAG) stock’s latest price update
Planet Green Holdings Corp (AMEX: PLAG) has experienced a decline in its stock price by -7.58 compared to its previous closing price of 0.41. However, the company has seen a fall of -31.09% in its stock price over the last five trading days. InvestorPlace reported 2021-09-28 that Planet Green Holdings (PLAG) stock is taking off on Tuesday as investors take note of the Chinese tea company due to an SEC filing. The post 5 Things for PLAG Stock Investors to Know About China Tea Play Planet Green Holdings as Shares Heat Up appeared first on InvestorPlace.
PLAG Trading at -40.66% from the 50-Day Moving Average
After a stumble in the market that brought PLAG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.69% of loss for the given period.
Volatility was left at 10.79%, however, over the last 30 days, the volatility rate increased by 18.58%, as shares sank -27.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.90% lower at present.
During the last 5 trading sessions, PLAG fell by -31.09%, which changed the moving average for the period of 200-days by -41.70% in comparison to the 20-day moving average, which settled at $0.5266. In addition, Planet Green Holdings Corp saw -38.87% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PLAG starting from Xiangtian Aerodynamic Electric, who sale 6,000,000 shares at the price of $0.46 back on Jun 29. After this action, Xiangtian Aerodynamic Electric now owns 6,000,000 shares of Planet Green Holdings Corp, valued at $2,738,400 using the latest closing price.
Zhou Bin, the Chief Executive Officer of Planet Green Holdings Corp, purchase 5,000,000 shares at $0.56 during a trade that took place back on Dec 07, which means that Zhou Bin is holding 2,800,000 shares at $2,800,000 based on the most recent closing price.
Stock Fundamentals for PLAG
Current profitability levels for the company are sitting at:
- -11.78 for the present operating margin
- +9.72 for the gross margin
The net margin for Planet Green Holdings Corp stands at -37.07. The total capital return value is set at -10.20, while invested capital returns managed to touch -37.64. Equity return is now at value -61.42, with -36.03 for asset returns.
Based on Planet Green Holdings Corp (PLAG), the company’s capital structure generated 9.55 points at debt to equity in total, while total debt to capital is 8.72. Total debt to assets is 6.38, with long-term debt to equity ratio resting at 0.71. Finally, the long-term debt to capital ratio is 0.65.
When we switch over and look at the enterprise to sales, we see a ratio of 1.28, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 5.50 and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.
In conclusion, Planet Green Holdings Corp (PLAG) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.