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

Analysts at StockNews.com began coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a report released on Tuesday. The brokerage set a “sell” rating on the stock.

ATA Creativity Global Trading Up 10.2 %

AACG opened at $0.97 on Tuesday. ATA Creativity Global has a 12 month low of $0.79 and a 12 month high of $2.07. The stock has a market capitalization of $31.16 million, a price-to-earnings ratio of -6.09 and a beta of 1.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.22 and a quick ratio of 0.22. The business has a fifty day moving average price of $1.26 and a 200 day moving average price of $1.09.

ATA Creativity Global (NASDAQ:AACG) last released its earnings results on Tuesday, March 26th. The company reported $0.04 EPS for the quarter. ATA Creativity Global had a negative return on equity of 29.92% and a negative net margin of 15.27%. The firm had revenue of $11.78 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ATA Creativity Global stock. Susquehanna International Group LLP acquired a new position in shares of ATA Creativity Global (NASDAQ:AACG) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 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 as of its most recent filing with the SEC. Hedge funds and other 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, foreign language training services, junior art education, in-school art classes, junior art education, and other related educational services to its students.