Does Planet Green Holdings Corp (PLAG) Stock Have Analysts Confidence?

Thursday, June 11, 2020 10:39 AM | InvestorsObserver Analysts

Analysts who follow Planet Green Holdings Corp (PLAG) on average expect it to decline -100.00% over the next twelve months. Those same analysts give the stock an average rating of Strong Sell.

That average rating earns Planet Green Holdings Corp an Analyst Ranking of 0, which means it ranks higher than 0 of stocks, based on data compiled by InvestorsObserver.

Overall Score -
Wall Street analysts are rating PLAG a Strong Sell today. Find out what this means to you and get the rest of the rankings on PLAG!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.

Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Planet Green Holdings Corp Stock Today?

Planet Green Holdings Corp (PLAG) stock is higher by 6.98% while the S&P 500 is down -2.66% as of 10:36 AM on Thursday, Jun 11. PLAG is up $0.21 from the previous closing price of $3.01 on volume of 344,471 shares. Over the past year the S&P 500 is up 7.83% while PLAG is down -25.12%. PLAG lost -$0.85 per share the over the last 12 months.

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