Addentax Group Corp. (NASDAQ:ATXG) Short Interest Update

Addentax Group Corp. (NASDAQ:ATXG) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 8,900 shares, a decrease of 88.5% from the March 31st total of 77,500 shares. Based on an average trading volume of 133,200 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

Addentax Group Stock Up 2.1 %

Shares of NASDAQ:ATXG opened at $0.93 on Friday. The company has a market capitalization of $4.00 million, a price-to-earnings ratio of -1.29 and a beta of 2.40. The company has a 50 day moving average of $0.96 and a two-hundred day moving average of $1.15. Addentax Group has a 52-week low of $0.81 and a 52-week high of $16.30. The company has a quick ratio of 5.53, a current ratio of 5.58 and a debt-to-equity ratio of 0.10.

Addentax Group (NASDAQ:ATXG) last announced its earnings results on Wednesday, February 14th. The company reported ($0.22) earnings per share for the quarter. Addentax Group had a negative net margin of 53.47% and a negative return on equity of 22.36%. The firm had revenue of $1.47 million during the quarter.

Addentax Group Company Profile

Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services.