ATA (NASDAQ:AACG) Releases Quarterly Earnings Results

ATA (NASDAQ:AACG) posted its earnings results on Tuesday. The company reported ($0.12) EPS for the quarter, FiscalAI reports. ATA had a negative net margin of 17.96% and a negative return on equity of 90.86%. The business had revenue of $13.18 million for the quarter.

ATA Price Performance

AACG stock opened at $0.92 on Thursday. ATA has a 1 year low of $0.74 and a 1 year high of $2.58. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.32 and a quick ratio of 0.33. The firm has a market capitalization of $19.77 million, a PE ratio of -4.60 and a beta of 0.80. The business has a 50 day simple moving average of $0.97 and a 200-day simple moving average of $1.13.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ATA in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About ATA

ATA Creativity Global (NASDAQ: AACG) is a China-based provider of after-school art education services, delivering supplemental training to students from preschool through high school. The company’s curriculum spans traditional techniques such as sketching, watercolor and calligraphy, as well as digital art instruction, including digital illustration and multimedia design.

ATA Creativity Global combines in-person instruction at its learning centers with a proprietary online platform, enabling students to access course materials, interactive lessons and instructor feedback remotely.