Wall Street Zen Downgrades Agape ATP (NASDAQ:ATPC) to Sell

Agape ATP (NASDAQ:ATPC) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Agape ATP in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Agape ATP currently has a consensus rating of “Sell”.

Agape ATP Stock Performance

ATPC stock opened at $3.17 on Friday. Agape ATP has a twelve month low of $1.72 and a twelve month high of $128.25. The company has a market capitalization of $3.17 million, a P/E ratio of -0.22 and a beta of -0.99. The business has a 50 day simple moving average of $2.82 and a 200-day simple moving average of $28.73.

Institutional Investors Weigh In On Agape ATP

An institutional investor recently raised its position in Agape ATP stock. Citadel Advisors LLC raised its stake in shares of Agape ATP Corporation (NASDAQ:ATPC) by 95.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,130 shares of the company’s stock after acquiring an additional 31,849 shares during the quarter. Citadel Advisors LLC owned approximately 0.13% of Agape ATP worth $82,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.01% of the company’s stock.

Agape ATP Company Profile

Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names. The company's products include ATP1s Survivor Select that contains various essential nutrients required by the human body to maintain normal metabolism; ATP3 Ionized Cal-Mag, a calcium and magnesium minerals supplement; ATP4 Omega Blend, an oil blend that provides a bio-effective balance of essential fatty acids, omega 3, and omega 6; ATP5 BetaMaxx, a natural immune enhancer; AGN-Vege Fruit Fiber, a nutrition-based formulation for intestines and stomach; AGP1-Iron to improve iron deficiency anemia; and YFA-Young Formula, an anti-aging and youthful maintenance supplement.