Acorn International (ATV) Upgraded at TheStreet
Separately, ValuEngine downgraded shares of Acorn International from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.
Acorn International (NYSE:ATV) opened at $18.55 on Friday. Acorn International has a 52-week low of $7.83 and a 52-week high of $20.59. The stock has a market cap of $69.32, a price-to-earnings ratio of -15.99 and a beta of -1.56.
Acorn International, Inc is a marketing and branding company in China that develops, promotes and sells a portfolio of branded products. The Company’s business is comprised of two main divisions, direct-sales platforms and its nationwide distribution network. The direct-sales business involves marketing and selling products directly to consumers in China through its outbound marketing platform and Internet sales platform.
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