Addentax Group (NASDAQ:ATXG) Trading Down 0.5% – Should You Sell?

Addentax Group Corp. (NASDAQ:ATXGGet Free Report)’s share price traded down 0.5% during mid-day trading on Thursday . The company traded as low as $0.63 and last traded at $0.66. 269,176 shares were traded during trading, a decline of 12% from the average session volume of 307,431 shares. The stock had previously closed at $0.66.

Addentax Group Stock Down 0.5%

The firm’s fifty day moving average price is $0.70 and its two-hundred day moving average price is $0.76. The stock has a market cap of $3.96 million, a price-to-earnings ratio of -2.34 and a beta of 0.83. The company has a debt-to-equity ratio of 0.12, a current ratio of 8.64 and a quick ratio of 8.59.

About Addentax Group

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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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