ATA Inc. (ATAI) Upgraded to “Hold” by ValuEngine
ATA Inc. (NASDAQ:ATAI) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Saturday.
Separately, TheStreet downgraded shares of ATA from a “c” rating to a “d+” rating in a report on Friday, June 2nd.
ATA (ATAI) traded up 22.86% during mid-day trading on Friday, reaching $4.89. 295,358 shares of the company traded hands. The stock’s market capitalization is $111.98 million. The firm’s 50-day moving average is $3.69 and its 200 day moving average is $3.69. ATA has a 52-week low of $2.96 and a 52-week high of $5.34.
ATA (NASDAQ:ATAI) last released its quarterly earnings data on Thursday, June 1st. The company reported ($0.34) EPS for the quarter. The business had revenue of $5.37 million during the quarter. ATA had a return on equity of 75.04% and a net margin of 27.56%. On average, equities research analysts expect that ATA will post $0.27 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Monday, June 12th will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 33.54%. The ex-dividend date of this dividend is Thursday, June 8th.
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ATA Company Profile
ATA Inc (ATA) is a provider of computer-based testing services in China. The Company offers services for the creation and delivery of computer-based tests utilizing its test delivery platform, testing technologies and testing services in China. Its computer-based testing services are used for licensure and certification tests in various industries, including information technology (IT) services, banking, securities, teaching and insurance.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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