Agape ATP (NASDAQ:ATPC) Releases Quarterly Earnings Results

Key Points

• Agape ATP reported a quarterly earnings per share (EPS) of ($0.01), with a negative return on equity of 30.95% and a negative net margin of 191.34%.
• Shares of Agape ATP (NASDAQ:ATPC) declined by $0.08 to $1.21, with a trading volume below its average.
• Wall Street Zen upgraded Agape ATP from a "sell" rating to a "hold" rating, indicating a shift in investor sentiment.

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

Agape ATP Stock Down 2.3%

Agape ATP stock traded down $0.03 during midday trading on Tuesday, hitting $1.28. The company's stock had a trading volume of 23,423 shares, compared to its average volume of 51,480. Agape ATP has a 12 month low of $0.9001 and a 12 month high of $3.49. The company has a market capitalization of $64.01 million, a PE ratio of -3.12 and a beta of -0.97. The stock's 50-day moving average price is $1.38 and its 200-day moving average price is $1.44.

Wall Street Analysts Forecast Growth

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

Agape ATP Company Profile

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.