ATA (NASDAQ:AACG) Stock Price Up 5.1% – Time to Buy?

ATA Inc. (NASDAQ:AACG)’s share price shot up 5.1% during mid-day trading on Thursday . The stock traded as high as $1.0791 and last traded at $1.0510. Approximately 35,754 shares traded hands during trading, an increase of 213% from the average session volume of 11,431 shares. The stock had previously closed at $1.00.

Analyst Upgrades and Downgrades

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

ATA Stock Up 5.1%

The business has a 50-day simple moving average of $1.11 and a two-hundred day simple moving average of $1.01. The company has a market capitalization of $45.22 million, a price-to-earnings ratio of -5.25 and a beta of 1.08. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.32 and a current ratio of 0.32.

ATA (NASDAQ:AACG) last released its earnings results on Tuesday, March 31st. The company reported ($0.12) earnings per share (EPS) for the quarter. ATA had a negative net margin of 17.96% and a negative return on equity of 90.86%. The company had revenue of $13.18 million during the quarter.

ATA Company Profile

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.