ATA (NASDAQ:AACG) Stock Price Down 0.8% – Time to Sell?

ATA Inc. (NASDAQ:AACG) traded down 0.8% during mid-day trading on Monday . The company traded as low as $1.10 and last traded at $1.18. 11,239 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 18,972 shares. The stock had previously closed at $1.19.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ATA in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, ATA presently has a consensus rating of “Sell”.

ATA Trading Up 1.7%

The stock’s fifty day simple moving average is $1.06 and its 200-day simple moving average is $1.03. The firm has a market cap of $50.35 million, a PE ratio of -5.85 and a beta of 1.10. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.32 and a quick ratio of 0.32.

ATA (NASDAQ:AACG) last posted its quarterly earnings results on Tuesday, March 31st. The company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $13.18 million during the quarter. ATA had a negative return on equity of 90.86% and a negative net margin of 17.96%.

About ATA

ATA Creativity Global (NASDAQ: AACG) is a China-based provider of after-school art education services, delivering supplemental training to students from preschool through high school. The company’s curriculum spans traditional techniques such as sketching, watercolor and calligraphy, as well as digital art instruction, including digital illustration and multimedia design.

ATA Creativity Global combines in-person instruction at its learning centers with a proprietary online platform, enabling students to access course materials, interactive lessons and instructor feedback remotely.