ATA Creativity Global (NASDAQ:AACG) Stock Price Down 0.4% – Here’s Why

ATA Creativity Global (NASDAQ:AACG)’s stock price traded down 0.4% on Wednesday . The company traded as low as $0.85 and last traded at $0.84. 7,153 shares traded hands during trading, a decline of 79% from the average session volume of 34,447 shares. The stock had previously closed at $0.85.

Analysts Set New Price Targets

Separately, Wall Street Zen initiated coverage on shares of ATA Creativity Global in a research report on Wednesday, May 21st. They set a “sell” rating for the company.

ATA Creativity Global Price Performance

The firm’s fifty day simple moving average is $0.92 and its 200 day simple moving average is $0.91. The firm has a market cap of $26.87 million, a P/E ratio of -4.68 and a beta of 0.90. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.16 and a current ratio of 0.16.

ATA Creativity Global (NASDAQ:AACG) last announced its quarterly earnings results on Friday, May 16th. The company reported ($0.06) EPS for the quarter. ATA Creativity Global had a negative net margin of 16.14% and a negative return on equity of 45.84%. The firm had revenue of $7.69 million for the quarter.

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.