Agape ATP Corporation (NASDAQ:ATPC) Sees Large Decrease in Short Interest

Agape ATP Corporation (NASDAQ:ATPC – Get Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 9,771 shares, a decrease of 57.5% from the September 15th total of 23,016 shares. Based on an average daily trading volume, of 22,972 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.0% of the company’s shares are sold short.

Agape ATP Price Performance

Shares of NASDAQ ATPC traded down $0.12 during trading hours on Wednesday, hitting $1.82. 15,732 shares of the stock were exchanged, compared to its average volume of 2,012,136. Agape ATP has a one year low of $1.72 and a one year high of $73.50. The company’s 50 day moving average is $2.32 and its 200 day moving average is $2.65. The firm has a market capitalization of $1.82 million, a P/E ratio of -2.47 and a beta of 0.42.

Agape ATP (NASDAQ:ATPC – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.15 EPS for the quarter. The business had revenue of $0.01 million for the quarter. Agape ATP had a negative return on equity of 5.47% and a negative net margin of 85.94%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ATPC shares. Wall Street Zen raised Agape ATP from a “sell” rating to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Agape ATP in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Agape ATP presently has an average rating of “Sell”.

Read Our Latest Analysis on ATPC

About Agape ATP

(Get Free Report)

Agape ATP Corporation (NASDAQ: ATPC) is a Malaysia-based health and wellness company focused on products and services intended to support healthy aging and overall well-being. The company operates through a direct-selling and distribution model.

Its offerings include nutritional supplements, wellness products and related health-focused services. Agape ATP has also promoted personalized wellness programs and products associated with preventive health and anti-aging. The company primarily serves customers in Malaysia and has described its business as having an international focus across parts of Asia.

Agape ATP Corporation is headquartered in Malaysia and is publicly traded on the Nasdaq Stock Market.

Further Reading

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