Green Planet Holdings (PLAG) Stock Drops Amid Financial Struggles

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Jan 16, 2025

The stock of Green Planet Holdings (PLAG, Financial) experienced significant volatility, with a sharp decline of 5.62%. The stock is currently priced at $2.35 per share, with a trading volume of 3,954 shares, indicating a turnover rate of 0.05% and a price fluctuation of 3.21%.

Recent financial reports reveal that Green Planet Holdings generated a revenue of $1.81 million, but suffered a net loss of $1.19 million, resulting in an earnings per share (EPS) of -$0.16. The company also reported a gross profit loss of $377,400, with a price-to-earnings (P/E) ratio of -1.69. As of now, there are no institutional ratings available for the stock, including buy, hold, or sell recommendations.

Within its industry group, the overall sector saw a slight increase of 0.13%. Notable performers in related stocks include Ftai Infrastructure Inc., Mdu Resources Group, Inc., and Honeywell, which registered considerable gains. Meanwhile, 1847 Holdings Llc, Mdu Resources Group, Inc., and Nn, Inc. exhibited active trading with turnover rates of 3.27%, 0.51%, and 0.45%, respectively. Stocks with significant price fluctuations included Falcon's Beyond Global, Inc., Nn, Inc., and 1847 Holdings Llc, with volatility rates of 7.56%, 7.30%, and 6.67%.

Green Planet Holdings operates in North America and China, focusing on chemical products, tea products, and online advertising services. The company is divided into three segments: tea cultivation and distribution in China, chemical product development and sales, and a demand-side platform for digital advertising management in North America and China.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.