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

Research analysts at StockNews.com started coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a research note issued to investors on Wednesday. The brokerage set a “sell” rating on the stock.

ATA Creativity Global Trading Up 6.3 %

NASDAQ AACG opened at $0.62 on Wednesday. ATA Creativity Global has a twelve month low of $0.55 and a twelve month high of $1.65. The firm has a market capitalization of $19.97 million, a PE ratio of -3.90 and a beta of 0.86. The stock’s 50 day moving average is $0.74 and its 200 day moving average is $0.98. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.19.

ATA Creativity Global (NASDAQ:AACG) last issued its quarterly earnings results on Tuesday, May 14th. The company reported ($0.08) EPS for the quarter. ATA Creativity Global had a negative return on equity of 31.88% and a negative net margin of 14.72%. The company had revenue of $6.67 million during the quarter.

Hedge Funds Weigh In On ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Virtu Financial LLC acquired a new stake in ATA Creativity Global (NASDAQ:AACG) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned about 0.13% of ATA Creativity Global as of its most recent SEC filing. 0.73% of the stock is currently owned by institutional investors.

ATA Creativity Global Company Profile

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.