ATA Creativity Global (NASDAQ:AACG) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a report released on Tuesday. The brokerage set a “sell” rating on the stock.

ATA Creativity Global Stock Performance

Shares of AACG opened at $0.90 on Tuesday. The company has a 50-day simple moving average of $0.62 and a 200-day simple moving average of $0.80. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $28.62 million, a PE ratio of -5.60 and a beta of 0.80. ATA Creativity Global has a 52-week low of $0.50 and a 52-week high of $1.65.

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

Institutional Investors Weigh In On ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Virtu Financial LLC purchased a new position in shares of ATA Creativity Global (NASDAQ:AACG) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned about 0.13% of ATA Creativity Global at the end of the most recent reporting period. Institutional investors own 0.73% of the company’s stock.

ATA Creativity Global Company Profile

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.