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China Green Agriculture (CGA) Has Surged To A 7-Month High After Q4 Report

China Green Agriculture (CGA) reported fourth quarter EPS of $0.11 Friday morning, down from $0.51 in the previous year. Net sales grew 3.4 percent to $72.2 million from $69.8 million a year ago. Looking ahead, the company expects first quarter EPS to be in the range of $0.18 to $0.24 and between $0.80 and $1.08 for the full year 2015.

China Green Agriculture has been rising sharply since the open of trade Friday and is now up 1.12 at $3.40 on the highest volume of the year. The stock has soared to a 7 1/2 month high.

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