ATA (NASDAQ:AACG) Stock Price Up 5.1% – Here’s What Happened

ATA Inc. (NASDAQ:AACG)’s share price traded up 5.1% during mid-day trading on Thursday . The company traded as high as $1.0791 and last traded at $1.0510. 35,754 shares were traded during mid-day trading, an increase of 213% from the average daily volume of 11,431 shares. The stock had previously closed at $1.00.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of ATA in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

ATA Trading Down 2.6%

The company has a 50 day moving average of $1.11 and a two-hundred day moving average of $1.01. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.32 and a current ratio of 0.32. The stock has a market capitalization of $45.22 million, a PE ratio of -5.25 and a beta of 1.08.

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

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.