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

Stock analysts at StockNews.com began coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a report released on Thursday. The brokerage set a “sell” rating on the stock.

ATA Creativity Global Stock Performance

NASDAQ:AACG opened at $1.01 on Thursday. The stock has a market cap of $32.12 million, a price-to-earnings ratio of -6.28 and a beta of 0.82. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.18 and a current ratio of 0.18. ATA Creativity Global has a 1 year low of $0.50 and a 1 year high of $1.65. The business has a fifty day moving average of $0.69 and a 200-day moving average of $0.79.

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

Institutional Investors 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) during the first quarter, according to the company in its most recent Form 13F filing 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 as of its most recent filing with the SEC. 0.73% of the stock is owned by hedge funds and other institutional investors.

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.