ATA (NASDAQ:AACG) Trading 2% Higher – Time to Buy?

ATA Inc. (NASDAQ:AACG) shares traded up 2% during mid-day trading on Monday . The stock traded as high as $2.10 and last traded at $2.00. 74,273 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 690,451 shares. The stock had previously closed at $1.96.

Wall Street Analyst Weigh In

Separately, Wall Street Zen assumed coverage on ATA in a research note on Wednesday, May 21st. They issued a “sell” rating on the stock.

ATA Trading Up 2.0%

The company has a debt-to-equity ratio of 0.26, a current ratio of 0.19 and a quick ratio of 0.19. The business has a 50-day moving average of $1.12 and a 200-day moving average of $0.99. The firm has a market cap of $63.82 million, a price-to-earnings ratio of -20.00 and a beta of 1.04.

ATA (NASDAQ:AACG) last released its earnings results on Wednesday, August 6th. The company reported ($0.04) earnings per share (EPS) for the quarter. ATA had a negative net margin of 9.29% and a negative return on equity of 38.69%.

About ATA

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.