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

StockNews.com assumed coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a research note issued to investors on Sunday. The firm set a “sell” rating on the stock.

ATA Creativity Global Price Performance

Shares of AACG opened at $1.04 on Friday. The stock has a market cap of $33.25 million, a PE ratio of -6.50 and a beta of 0.78. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.18 and a current ratio of 0.18. ATA Creativity Global has a fifty-two week low of $0.50 and a fifty-two week high of $1.65. The firm’s 50-day simple moving average is $0.81 and its two-hundred day simple moving average is $0.79.

ATA Creativity Global (NASDAQ:AACG) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($0.07) earnings per share for the quarter. The business had revenue of $7.12 million during the quarter. ATA Creativity Global had a negative return on equity of 33.80% and a negative net margin of 13.59%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC acquired a new stake in shares of ATA Creativity Global (NASDAQ:AACG) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned 0.13% of ATA Creativity Global as of its most recent SEC filing. 0.73% of the stock is owned by hedge funds and other institutional investors.

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.