ATA Inc. (NASDAQ:ATAI) Announces Earnings Results
ATA Inc. (NASDAQ:ATAI) released its quarterly earnings results on Thursday. The company reported ($0.09) earnings per share for the quarter, Morningstar.com reports. ATA had a negative return on equity of 2.80% and a negative net margin of 2.39%. The firm had revenue of $15.35 million for the quarter.
Shares of ATA (NASDAQ:ATAI) traded down 1.566% during midday trading on Friday, hitting $4.715. The stock had a trading volume of 3,810 shares. The firm’s market cap is $107.93 million. ATA has a 52 week low of $2.96 and a 52 week high of $5.00. The company’s 50 day moving average is $4.70 and its 200 day moving average is $3.98.
A number of equities analysts have weighed in on ATAI shares. ValuEngine raised ATA from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. TheStreet cut ATA from a “c” rating to a “d+” rating in a research note on Friday, June 2nd.
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.
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