ATA (NASDAQ:AACG) Issues Quarterly Earnings Results

ATA (NASDAQ:AACG) announced its earnings results on Wednesday. The company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. ATA had a negative return on equity of 38.69% and a negative net margin of 9.29%.

ATA Stock Down 10.0%

NASDAQ AACG traded down $0.14 during trading hours on Wednesday, hitting $1.26. 21,322 shares of the company traded hands, compared to its average volume of 99,531. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.19 and a current ratio of 0.19. The business’s 50-day moving average is $1.60 and its 200-day moving average is $1.31. The stock has a market capitalization of $40.21 million, a price-to-earnings ratio of -12.60 and a beta of 0.95. ATA has a twelve month low of $0.70 and a twelve month high of $2.58.

Analyst Ratings Changes

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

About ATA

ATA Creativity Global, together with its subsidiaries, provides educational services to individual students through its training center network in China and internationally. Its educational services include portfolio training, research-based learning, overseas study counselling, in-school art classes through cooperation with high schools and training organizations, foreign language training services, junior art education, and other related educational services to its students.