Agape ATP (NASDAQ:ATPC) Stock Price Down 3% - Here's What Happened

Key Points

• Agape ATP Corporation shares fell by 3%, trading at $1.28, with a total volume decline of 4% from the average session.
• Despite the recent drop, analysts at Wall Street Zen upgraded the stock from a "sell" rating to a "hold" rating, indicating potential growth.
• The company reported a negative net margin of 183.13% and a P/E ratio of -3.12 in its latest earnings results.

Agape ATP Corporation (NASDAQ:ATPC - Get Free Report) was down 3% during trading on Monday . The company traded as low as $1.28 and last traded at $1.28. Approximately 28,738 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 30,067 shares. The stock had previously closed at $1.32.

Agape ATP Price Performance

The stock's fifty day moving average price is $1.33 and its 200 day moving average price is $1.48. The stock has a market capitalization of $64.51 million, a P/E ratio of -3.15 and a beta of -0.98.

Agape ATP (NASDAQ:ATPC - Get Free Report) last issued 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%.

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.