ATA Creativity Global (NASDAQ:AACG) Announces Earnings Results

ATA Creativity Global (NASDAQ:AACG) released its quarterly earnings results on Tuesday. The company reported $0.04 EPS for the quarter, Zacks reports. The firm had revenue of $11.78 million during the quarter. ATA Creativity Global had a negative net margin of 18.44% and a negative return on equity of 33.02%.

ATA Creativity Global Trading Up 5.9 %

AACG stock traded up $0.06 during mid-day trading on Wednesday, hitting $1.08. 15,174 shares of the company were exchanged, compared to its average volume of 25,582. The business has a fifty day simple moving average of $1.28 and a 200-day simple moving average of $1.10. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.13. ATA Creativity Global has a 12-month low of $0.79 and a 12-month high of $2.07. The firm has a market capitalization of $33.91 million, a P/E ratio of -5.37 and a beta of 1.13.

Hedge Funds Weigh In On ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Susquehanna International Group LLP purchased a new position in shares of ATA Creativity Global (NASDAQ:AACG) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 28,222 shares of the company’s stock, valued at approximately $55,000. Susquehanna International Group LLP owned approximately 0.09% of ATA Creativity Global at the end of the most recent quarter. Institutional investors own 0.73% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of ATA Creativity Global in a report on Saturday. They issued a “sell” rating on the stock.

ATA Creativity Global Company Profile

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, foreign language training services, junior art education, in-school art classes, junior art education, and other related educational services to its students.