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

StockNews.com initiated coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a report released on Sunday morning. The brokerage issued a sell rating on the stock.

ATA Creativity Global Trading Down 4.9 %

NASDAQ:AACG opened at $1.06 on Friday. ATA Creativity Global has a one year low of $0.79 and a one year high of $2.07. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.22 and a current ratio of 0.22. The firm has a market cap of $33.28 million, a P/E ratio of -6.63 and a beta of 1.13. The firm has a 50-day simple moving average of $1.28 and a 200-day simple moving average of $1.10.

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

Hedge Funds Weigh In On ATA Creativity Global

A hedge fund recently bought a new stake in ATA Creativity Global stock. Susquehanna International Group LLP bought a new position in shares of ATA Creativity Global (NASDAQ:AACG) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,222 shares of the company’s stock, valued at approximately $55,000. Susquehanna International Group LLP owned 0.09% of ATA Creativity Global at the end of the most recent reporting period. 0.73% of the stock is owned by hedge funds and other 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, foreign language training services, junior art education, in-school art classes, junior art education, and other related educational services to its students.