ATA (NASDAQ:AACG) Stock Price Down 4% – Should You Sell?

ATA Inc. (NASDAQ:AACG)’s share price fell 4% during trading on Friday . The company traded as low as $0.9393 and last traded at $0.97. 26,996 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 681,167 shares. The stock had previously closed at $1.01.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of ATA in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

ATA Trading Down 4.0%

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 company’s 50 day moving average is $0.96 and its 200 day moving average is $1.01. The stock has a market capitalization of $41.74 million, a price-to-earnings ratio of -4.85 and a beta of 1.11.

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.