StockNews.com Begins Coverage on ATA Creativity Global (NASDAQ:AACG)

Posted by Trevor Kearing on Oct 12th, 2024

StockNews.com assumed coverage on shares of ATA Creativity Global (NASDAQ:AACG – Free Report) in a research note published on Wednesday morning. The firm issued a sell rating on the stock.

ATA Creativity Global Stock Up 3.6 %

AACG opened at $0.94 on Wednesday. ATA Creativity Global has a fifty-two week low of $0.50 and a fifty-two week high of $1.65. The firm has a market capitalization of $30.06 million, a P/E ratio of -5.88 and a beta of 0.82. The company’s 50-day moving average is $0.66 and its 200 day moving average is $0.79. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.18 and a quick ratio of 0.18.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC bought a new stake in shares of ATA Creativity Global (NASDAQ:AACG – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 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. 0.73% of the stock is currently owned by hedge funds and other institutional investors.

About ATA Creativity Global

(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.