Addentax Group Corp. (NASDAQ:ATXG – Get Free Report) shares dropped 7.5% on Tuesday . The company traded as low as $0.55 and last traded at $0.55. Approximately 10,154 shares traded hands during trading, a decline of 87% from the average daily volume of 81,031 shares. The stock had previously closed at $0.60.
Addentax Group Price Performance
The stock has a market cap of $2.37 million, a P/E ratio of -0.74 and a beta of 1.61. The company has a current ratio of 11.54, a quick ratio of 11.46 and a debt-to-equity ratio of 0.13. The company’s fifty day simple moving average is $0.64 and its 200-day simple moving average is $0.74.
Addentax Group Company Profile
Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services.
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