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

StockNews.com initiated coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a research note issued to investors on Saturday. The firm issued a sell rating on the stock.

ATA Creativity Global Stock Down 12.2 %

Shares of NASDAQ AACG opened at $0.67 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.23 and a quick ratio of 0.23. The firm’s 50-day moving average is $0.85 and its two-hundred day moving average is $1.04. ATA Creativity Global has a 12-month low of $0.55 and a 12-month high of $1.65. The company has a market capitalization of $21.42 million, a PE ratio of -4.19 and a beta of 0.86.

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

Hedge Funds Weigh In On ATA Creativity Global

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC purchased a new stake in ATA Creativity Global (NASDAQ:AACG) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 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 filing with the SEC. Institutional investors own 0.73% of the company’s stock.

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.