Agape ATP Corporation (NASDAQ:ATPC) Short Interest Update

Key Points

• Agape ATP Corporation (NASDAQ:ATPC) reported a significant decrease in short interest, falling by 34.8% to 54,000 shares as of August 15th.
• The company has a current market cap of $64.51 million with a PE ratio of -3.15 and a recent stock price of $1.29.
• Analysts upgraded Agape ATP from a "sell" to a "hold" rating, reflecting a more positive outlook for the company's shares.

Agape ATP Corporation (NASDAQ:ATPC - Get Free Report) saw a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 54,000 shares, adecreaseof34.8% from the July 31st total of 82,800 shares. Based on an average daily trading volume, of 61,400 shares, the short-interest ratio is currently 0.9 days. Approximately0.3% of the shares of the stock are short sold. Approximately0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 61,400 shares, the short-interest ratio is currently 0.9 days.

Agape ATP Price Performance

Shares of Agape ATP stock traded down $0.03 during trading on Friday, hitting $1.29. The stock had a trading volume of 25,108 shares, compared to its average volume of 44,464. The firm's fifty day simple moving average is $1.34 and its 200-day simple moving average is $1.46. The stock has a market cap of $64.51 million, a PE ratio of -3.15 and a beta of -0.98. Agape ATP has a 12 month low of $0.90 and a 12 month high of $2.95.

Agape ATP (NASDAQ:ATPC - Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. Agape ATP had a negative return on equity of 20.32% and a negative net margin of 183.13%.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Agape ATP from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd.

About Agape ATP

Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names.

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