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

Equities researchers at StockNews.com started coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a report released on Wednesday. The brokerage set a “sell” rating on the stock.

ATA Creativity Global Trading Down 4.2 %

Shares of ATA Creativity Global stock opened at $0.61 on Wednesday. The stock has a 50 day moving average of $0.75 and a 200 day moving average of $0.98. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.23 and a current ratio of 0.23. The firm has a market capitalization of $19.59 million, a price-to-earnings ratio of -3.83 and a beta of 0.86. ATA Creativity Global has a fifty-two week low of $0.55 and a fifty-two week high of $1.65.

ATA Creativity Global (NASDAQ:AACG) last issued its quarterly earnings data on Tuesday, May 14th. The company reported ($0.08) EPS for the quarter. ATA Creativity Global had a negative return on equity of 31.88% and a negative net margin of 14.72%. The company had revenue of $6.67 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC purchased a new stake in ATA Creativity Global (NASDAQ:AACG) during the first quarter, according to its most recent 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 at the end of the most recent reporting period. Institutional investors own 0.73% of the company’s stock.

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.