ATA Creativity Global (NASDAQ:AACG) Sees Significant Decline in Short Interest

ATA Creativity Global (NASDAQ:AACG) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 20,900 shares, a decrease of 21.7% from the March 31st total of 26,700 shares. Based on an average daily volume of 30,700 shares, the short-interest ratio is currently 0.7 days.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on ATA Creativity Global in a research note on Wednesday. They issued a “sell” rating on the stock.

ATA Creativity Global Price Performance

Shares of AACG stock opened at $0.87 on Friday. The stock has a market cap of $27.81 million, a price-to-earnings ratio of -5.44 and a beta of 1.11. The business’s fifty day moving average is $1.20 and its 200 day moving average is $1.08. ATA Creativity Global has a twelve month low of $0.79 and a twelve month high of $2.07. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.08.

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 for the quarter.

ATA Creativity Global Company Profile

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.