StockNews.com Begins Coverage on ATA Creativity Global (NASDAQ:AACG)

Posted by on Jul 19th, 2023

Research analysts at StockNews.com assumed coverage on shares of ATA Creativity Global (NASDAQ:AACG – Get Free Report) in a report issued on Wednesday. The brokerage set a “sell” rating on the stock.

ATA Creativity Global Price Performance

NASDAQ:AACG opened at $1.44 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.23 and a current ratio of 0.23. The stock’s 50-day simple moving average is $1.45 and its 200 day simple moving average is $1.65. The company has a market cap of $45.96 million, a P/E ratio of -6.26 and a beta of 1.25. ATA Creativity Global has a 52-week low of $1.13 and a 52-week high of $2.64.

ATA Creativity Global (NASDAQ:AACG – Get Free Report) last released its earnings results on Thursday, May 11th. The company reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $6.16 million during the quarter. ATA Creativity Global had a negative net margin of 24.28% and a negative return on equity of 35.42%.

Institutional Investors Weigh In On ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Susquehanna International Group LLP purchased a new stake in ATA Creativity Global (NASDAQ:AACG – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 28,222 shares of the company’s stock, valued at approximately $55,000. Susquehanna International Group LLP owned approximately 0.09% of ATA Creativity Global at the end of the most recent quarter. 0.82% of the stock is currently owned by institutional investors and hedge funds.

ATA Creativity Global Company Profile

(Get Free Report)

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, foreign language training services, junior art education, in-school art classes, junior art education, and other related educational services to its students.

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