ValuEngine upgraded shares of ATA Inc. (NASDAQ:ATAI) from a sell rating to a hold rating in a report issued on Saturday, June 10th.

Separately, TheStreet downgraded ATA from a c rating to a d+ rating in a report on Friday, June 2nd.

Shares of ATA (ATAI) traded down 4.14% during mid-day trading on Friday, hitting $4.63. The stock had a trading volume of 51,248 shares. The firm has a 50 day moving average of $3.84 and a 200-day moving average of $3.72. The stock’s market cap is $106.02 million. ATA has a one year low of $2.96 and a one year high of $5.34.

ATA (NASDAQ:ATAI) last issued its earnings results on Thursday, June 1st. The company reported ($0.34) earnings per share for the quarter. The firm had revenue of $5.37 million during the quarter. ATA had a negative return on equity of 2.80% and a negative net margin of 2.39%. Equities research analysts expect that ATA will post $0.27 earnings per share for the current fiscal year.

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The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Monday, June 12th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Thursday, June 8th. This represents a $1.64 annualized dividend and a dividend yield of 35.42%. ATA’s dividend payout ratio is presently -487.44%.

ATA Company Profile

ATA Inc (ATA) is a provider of computer-based testing services in China. The Company offers services for the creation and delivery of computer-based tests utilizing its test delivery platform, testing technologies and testing services in China. Its computer-based testing services are used for licensure and certification tests in various industries, including information technology (IT) services, banking, securities, teaching and insurance.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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