ATA (NASDAQ:AACG) Trading 2% Higher - Here's What Happened

Key Points

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ATA Inc. (NASDAQ:AACG - Get Free Report) shot up 2% during trading on Monday . The stock traded as high as $2.10 and last traded at $2.00. 74,273 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 690,451 shares. The stock had previously closed at $1.96.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen began coverage on shares of ATA in a research note on Wednesday, May 21st. They issued a "sell" rating for the company.

ATA Stock Up 9.9%

The company has a market cap of $59.99 million, a price-to-earnings ratio of -18.80 and a beta of 1.04. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.26. The firm's fifty day simple moving average is $1.20 and its 200 day simple moving average is $1.01.

ATA (NASDAQ:AACG - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported ($0.04) earnings per share (EPS) for the quarter. ATA had a negative net margin of 9.29% and a negative return on equity of 38.69%.

ATA Company Profile

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.