Addentax Group Corp. (NASDAQ:ATXG – Get Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 17,800 shares, a decrease of 28.5% from the February 13th total of 24,900 shares. Based on an average daily volume of 29,000 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are short sold.
Addentax Group Trading Down 2.5 %
Addentax Group stock opened at $0.90 on Tuesday. The firm has a 50 day simple moving average of $0.86 and a 200-day simple moving average of $0.71. The company has a debt-to-equity ratio of 0.12, a current ratio of 8.64 and a quick ratio of 8.59. The stock has a market capitalization of $3.85 million, a PE ratio of -3.20 and a beta of 0.85. Addentax Group has a 12-month low of $0.49 and a 12-month high of $1.44.
Addentax Group (NASDAQ:ATXG – Get Free Report) last posted its quarterly earnings data on Friday, February 14th. The company reported ($0.19) earnings per share (EPS) for the quarter. The company had revenue of $1.06 million during the quarter. Addentax Group had a negative net margin of 47.57% and a negative return on equity of 8.64%.
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About Addentax Group
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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