Shares of Addentax Group Corp. (NASDAQ:ATXG – Get Free Report) fell 3.4% on Tuesday . The company traded as low as $0.57 and last traded at $0.60. 13,363 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 74,499 shares. The stock had previously closed at $0.62.
Addentax Group Stock Down 3.4 %
The firm has a market cap of $2.57 million, a price-to-earnings ratio of -0.80 and a beta of 1.52. The firm has a 50 day moving average price of $0.61 and a 200-day moving average price of $0.67. The company has a current ratio of 11.54, a quick ratio of 11.46 and a debt-to-equity ratio of 0.13.
Addentax Group Company Profile
Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services.
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