(PLAG) Planet Green Holdings - Ratings and Ratios

Planet Green Holdings Corp (NYSE MKT: PLAG) is a diversified holding company with operations spanning multiple industries. The company specializes in the production and global distribution of tea products, including brick, black, and green tea, leveraging its extensive supply chain in China. Additionally, it engages in the import and distribution of beef and mutton products, catering to both domestic and international markets. The company also operates in the energy sector, manufacturing and selling ethanol fuel, fuel additives, and biomass products, which are marketed as environmentally friendly alternatives. Furthermore, it produces industrial chemicals such as formaldehyde and urea formaldehyde adhesives, which are used in various manufacturing processes. The company also offers vehicle fuel products, including gasoline and diesel.

Planet Green Holdings Corp. further diversifies its portfolio through the manufacturing of specialized equipment, including insulation type explosion-proof skid-mounted refueling equipment and SF double-layer buried oil storage tank products, which are designed for safe and efficient fuel storage solutions. In the technology sector, the company operates a demand-side platform (DSP) for digital advertising, enabling buyers to manage multiple ad exchanges and data exchanges efficiently. It also develops and operates various games, expanding its presence in the entertainment industry. Formerly known as American Lorain Corporation, the company rebranded as Planet Green Holdings Corp. in September 2018 to reflect its expanded business scope and commitment to sustainability. Founded in 1986, the company is headquartered in Flushing, New York, and maintains a significant operational presence in China. Web URL: https://planetgreenholdings.com

Ticker Symbol: PLAG Exchange: NYSE MKT Type: common stock Country Origin: United States GICS Sub Industry: Packaged Foods & Meats

3-Month Forecast: Based on the provided and , Planet Green Holdings Corp. (PLAG) is expected to experience a period of price consolidation. The stock is currently trading at $2.10, slightly below its SMA20 ($2.15) and SMA50 ($2.38), but marginally above its SMA200 ($2.11). The ATR of 0.20 indicates moderate volatility, suggesting potential sideways movement within a narrow range. The average volume of 6050 shares over the past 20 days reflects limited liquidity, which could amplify price fluctuations. From a fundamental perspective, the companys market cap of $14.49M and P/S ratio of 0.85 suggest undervaluation relative to its revenue streams. However, the absence of a P/E ratio and forward P/E ratio raises concerns about profitability. The RoE of 13.81% indicates reasonable returns on equity, but the overall outlook remains cautious due to the companys diversified and potentially complex operational structure. Expect the stock to test support near its SMA200 level while facing resistance at its SMA50 level over the next three months.