Addentax Group (NASDAQ:ATXG – Get Free Report) posted its quarterly earnings data on Monday. The company reported $999.00 earnings per share (EPS) for the quarter, Zacks reports. Addentax Group had a negative return on equity of 17.86% and a negative net margin of 182.28%.
Addentax Group Price Performance
Shares of NASDAQ ATXG opened at $3.03 on Wednesday. The company has a market cap of $2.36 million, a price-to-earnings ratio of -0.24 and a beta of 0.48. The stock’s 50-day moving average is $4.75 and its two-hundred day moving average is $5.27. Addentax Group has a 1-year low of $2.91 and a 1-year high of $19.50.
Institutional Trading of Addentax Group
Several hedge funds have recently added to or reduced their stakes in the company. Two Sigma Investments LP purchased a new position in Addentax Group in the third quarter worth approximately $29,000. Virtu Financial LLC acquired a new stake in shares of Addentax Group in the 3rd quarter valued at $31,000. Jane Street Group LLC acquired a new stake in shares of Addentax Group in the 2nd quarter valued at $29,000. Finally, DRW Securities LLC purchased a new stake in shares of Addentax Group during the 4th quarter worth $129,000. Institutional investors and hedge funds own 10.09% of the company’s stock.
Wall Street Analyst Weigh In
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About Addentax Group
Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services. It also offers shop subleasing and property management services for garment wholesalers and retailers in the garment market.
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