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

Research analysts at StockNews.com began 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 Price Performance

Shares of NASDAQ:AACG opened at $0.90 on Wednesday. The company has a market cap of $28.81 million, a PE ratio of -5.01 and a beta of 0.79. The firm has a 50-day simple moving average of $0.97 and a 200 day simple moving average of $0.80. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.30. ATA Creativity Global has a fifty-two week low of $0.50 and a fifty-two week high of $1.65.

Institutional Investors Weigh In On ATA Creativity Global

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC acquired a new position in shares of ATA Creativity Global (NASDAQ:AACG) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned approximately 0.13% of ATA Creativity Global at the end of the most recent quarter. 0.73% of the stock is currently owned by institutional investors.

About ATA Creativity Global

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.