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

Research analysts at StockNews.com started coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a report issued on Monday. The brokerage set a “sell” rating on the stock.

ATA Creativity Global Trading Up 7.5 %

AACG opened at $0.68 on Monday. ATA Creativity Global has a twelve month low of $0.50 and a twelve month high of $1.65. The firm has a market cap of $21.72 million, a PE ratio of -4.25 and a beta of 0.80. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.18 and a current ratio of 0.18. The firm’s fifty day moving average is $0.61 and its two-hundred day moving average is $0.83.

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

Institutional Trading of ATA Creativity Global

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC acquired a new stake in ATA Creativity Global (NASDAQ:AACG) during the 1st quarter, according to its most recent disclosure with the SEC. The fund 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 at the end of the most recent quarter. Institutional investors and hedge funds own 0.73% of the company’s stock.

About ATA Creativity Global

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.