ATA Creativity Global (NASDAQ:AACG) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a research report report published on Wednesday morning. The brokerage issued a sell rating on the stock.

ATA Creativity Global Stock Down 0.9 %

ATA Creativity Global stock opened at $1.13 on Wednesday. The company’s 50 day simple moving average is $1.29 and its 200 day simple moving average is $1.55. ATA Creativity Global has a fifty-two week low of $1.12 and a fifty-two week high of $2.49. The firm has a market capitalization of $35.73 million, a price-to-earnings ratio of -5.38 and a beta of 1.15. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.20 and a quick ratio of 0.20.

ATA Creativity Global (NASDAQ:AACG) last released its quarterly earnings data on Thursday, August 10th. The company reported ($0.08) earnings per share for the quarter. ATA Creativity Global had a negative return on equity of 34.13% and a negative net margin of 21.26%. The firm had revenue of $5.00 million for the quarter.

Institutional Trading of ATA Creativity Global

A hedge fund recently bought a new stake in ATA Creativity Global stock. Susquehanna International Group LLP bought a new position in shares of ATA Creativity Global (NASDAQ:AACG) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 28,222 shares of the company’s stock, valued at approximately $55,000. Susquehanna International Group LLP owned about 0.09% of ATA Creativity Global at the end of the most recent quarter. 0.95% of the stock is currently owned by institutional investors and hedge funds.

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