ATA Creativity Global (NASDAQ:AACG) Now Covered by Analysts at StockNews.com

Posted by Doug Wharley on Sep 19th, 2024

StockNews.com assumed coverage on shares of ATA Creativity Global (NASDAQ:AACG – Free Report) in a research report sent to investors on Sunday morning. The brokerage issued a sell rating on the stock.

ATA Creativity Global Stock Down 2.9 %

ATA Creativity Global stock opened at $0.52 on Friday. ATA Creativity Global has a fifty-two week low of $0.50 and a fifty-two week high of $1.65. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.18 and a current ratio of 0.18. The company has a market capitalization of $16.58 million, a P/E ratio of -3.24 and a beta of 0.80. The stock has a 50-day simple moving average of $0.63 and a 200-day simple moving average of $0.87.

ATA Creativity Global (NASDAQ:AACG – Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.07) earnings per share for the quarter. ATA Creativity Global had a negative net margin of 13.59% and a negative return on equity of 33.80%. The firm had revenue of $7.12 million during the quarter.

Institutional Trading of ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Virtu Financial LLC purchased a new stake in ATA Creativity Global (NASDAQ:AACG – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned 0.13% of ATA Creativity Global as of its most recent SEC filing. Institutional investors and hedge funds own 0.73% of the company’s stock.

ATA Creativity Global Company Profile

(Get Free Report)

ATA Creativity Global, together with its subsidiaries, provides educational services to individual students through its training center network in China and internationally. Its educational services include portfolio training, research-based learning, overseas study counselling, in-school art classes through cooperation with high schools and training organizations, foreign language training services, junior art education, and other related educational services to its students.