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

Analysts at StockNews.com assumed coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a research note issued to investors on Friday. The firm set a “sell” rating on the stock.

ATA Creativity Global Price Performance

Shares of AACG opened at $1.01 on Friday. The business’s 50 day simple moving average is $0.73 and its 200-day simple moving average is $0.78. ATA Creativity Global has a 1 year low of $0.50 and a 1 year high of $1.65. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.18 and a quick ratio of 0.18. The stock has a market capitalization of $32.28 million, a price-to-earnings ratio of -6.31 and a beta of 0.82.

ATA Creativity Global (NASDAQ:AACG) last released its quarterly 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 business had revenue of $7.12 million for 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 bought a new position in ATA Creativity Global (NASDAQ:AACG) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned 0.13% of ATA Creativity Global as of its most recent filing with the SEC. Institutional investors 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.