ATA (NASDAQ:AACG) Trading 5.1% Higher – Time to Buy?

Shares of ATA Inc. (NASDAQ:AACG) shot up 5.1% on Thursday . The company traded as high as $1.0791 and last traded at $1.0510. Approximately 35,754 shares traded hands during trading, an increase of 213% from the average session volume of 11,431 shares. The stock had previously closed at $1.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of ATA in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, ATA currently has an average rating of “Sell”.

ATA Price Performance

The firm has a market capitalization of $45.22 million, a PE ratio of -5.25 and a beta of 1.08. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.93. The company has a fifty day moving average price of $1.11 and a two-hundred day moving average price of $1.01.

ATA (NASDAQ:AACG) last released its quarterly earnings results on Tuesday, March 31st. The company reported ($0.12) earnings per share (EPS) for the quarter. ATA had a negative return on equity of 90.86% and a negative net margin of 17.96%.The firm had revenue of $13.18 million for the quarter.

About ATA

ATA Creativity Global (NASDAQ: AACG) is a China-based provider of after-school art education services, delivering supplemental training to students from preschool through high school. The company’s curriculum spans traditional techniques such as sketching, watercolor and calligraphy, as well as digital art instruction, including digital illustration and multimedia design.

ATA Creativity Global combines in-person instruction at its learning centers with a proprietary online platform, enabling students to access course materials, interactive lessons and instructor feedback remotely.