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

by · The Markets Daily

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

ATA Creativity Global Stock Performance

NASDAQ:AACG opened at $0.82 on Thursday. The firm has a market cap of $26.15 million, a PE ratio of -5.11 and a beta of 1.02. ATA Creativity Global has a fifty-two week low of $0.78 and a fifty-two week high of $1.65. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.23 and a current ratio of 0.23. The business has a 50 day moving average price of $0.87 and a 200-day moving average price of $1.05.

ATA Creativity Global (NASDAQ:AACG – Get Free Report) last announced its quarterly earnings results on Tuesday, May 14th. The company reported ($0.08) EPS for the quarter. ATA Creativity Global had a negative return on equity of 31.88% and a negative net margin of 14.72%. The business had revenue of $6.67 million during the quarter.

Hedge Funds Weigh In On ATA Creativity Global

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

About ATA Creativity Global

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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.

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