ATA Creativity Global (NASDAQ:AACG) Coverage Initiated at StockNews.com

Analysts at StockNews.com initiated coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a research note issued on Friday. The firm set a “sell” rating on the stock.

ATA Creativity Global Price Performance

Shares of AACG opened at $1.00 on Friday. The company has a market cap of $31.97 million, a PE ratio of -6.25 and a beta of 0.82. The business has a fifty day moving average of $0.71 and a 200 day moving average of $0.78. ATA Creativity Global has a 52-week low of $0.50 and a 52-week high of $1.65. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.25.

ATA Creativity Global (NASDAQ:AACG) last issued its quarterly earnings results on Wednesday, August 7th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $7.12 million during the quarter. ATA Creativity Global had a negative return on equity of 33.80% and a negative net margin of 13.59%.

Institutional Trading of ATA Creativity Global

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC purchased a new position in ATA Creativity Global (NASDAQ:AACG) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned approximately 0.13% of ATA Creativity Global as of its most recent filing with the Securities and Exchange Commission (SEC). 0.73% of the stock is owned by institutional investors.

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.