ATA (NASDAQ:AACG) Stock Jumps 1.7% – Here’s Why
by Danessa Lincoln · The Markets DailyATA Inc. (NASDAQ:AACG – Get Free Report)’s stock price traded up 1.7% during trading on Monday. The stock traded as high as $0.7468 and last traded at $0.6980. 3,729 shares were traded during trading, a decline of 13% from the average daily volume of 4,276 shares. The stock had previously closed at $0.6860.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of ATA in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, ATA has an average rating of “Sell”.
Read Our Latest Stock Analysis on AACG
ATA Stock Performance
The company has a market cap of $23.62 million, a P/E ratio of -3.45 and a beta of 1.10. The stock has a 50-day simple moving average of $0.87 and a 200 day simple moving average of $0.98.
About ATA
ATA Creativity Global, formerly known as ATA Inc, is an international education services provider headquartered in China. The company focuses primarily on art education and related services, helping students develop creative skills and prepare for further study and career opportunities.
Its services have included art portfolio training, youth art education, test preparation, and consulting for students seeking admission to educational institutions in China and overseas. Through its education platforms and learning centers, ATA Creativity Global serves students and families interested in visual arts, design, and other creative disciplines.
Founded in 1999 and listed on the Nasdaq under the symbol AACG, the company changed its name from ATA Inc to ATA Creativity Global to reflect its greater emphasis on creativity-focused education.