ATA Creativity Global (NASDAQ:AACG) Announces Earnings Results

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

ATA Creativity Global Price Performance

NASDAQ AACG opened at $1.12 on Thursday. The stock’s 50-day moving average price is $1.28 and its two-hundred day moving average price is $1.10. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.13. The company has a market cap of $35.01 million, a PE ratio of -5.87 and a beta of 1.13. ATA Creativity Global has a 1 year low of $0.79 and a 1 year high of $2.07.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on ATA Creativity Global in a report on Saturday, March 23rd. They set a “sell” rating on the stock.

Institutional Trading of ATA Creativity Global

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