ATA Creativity Global (NASDAQ:AACG) Announces Earnings Results

ATA Creativity Global (NASDAQ:AACG) released its earnings results on Tuesday. The company reported $0.04 earnings per share (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 15.27% and a negative return on equity of 29.91%.

ATA Creativity Global Stock Down 4.9 %

NASDAQ:AACG opened at $1.06 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.22 and a quick ratio of 0.22. ATA Creativity Global has a 1-year low of $0.79 and a 1-year high of $2.07. The company has a 50-day moving average of $1.28 and a 200 day moving average of $1.10. The firm has a market cap of $33.28 million, a PE ratio of -6.63 and a beta of 1.13.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of ATA Creativity Global in a research report on Saturday, March 23rd. They issued a “sell” rating for the company.

Institutional Investors Weigh In On ATA Creativity Global

A hedge fund recently bought a new stake in ATA Creativity Global stock. Susquehanna International Group LLP acquired a new stake in shares of ATA Creativity Global (NASDAQ:AACG) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 28,222 shares of the company’s stock, valued at approximately $55,000. Susquehanna International Group LLP owned 0.09% of ATA Creativity Global as of its most recent SEC filing. Institutional investors and hedge funds own 0.73% of the company’s stock.

About ATA Creativity Global

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.