ATA (NASDAQ:AACG) Shares Climb 1.7% – Should You Buy?

ATA Inc. (NASDAQ:AACG)’s stock price was up 1.7% on Monday. The stock traded as high as $0.7468 and last traded at $0.6980. Approximately 3,729 shares were traded during trading, a decline of 13% from the average daily volume of 4,276 shares. The stock had previously closed at $0.6860.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of ATA in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has a consensus rating of “Sell”.

ATA Stock Up 1.7%

The firm has a market capitalization of $23.89 million, a price-to-earnings ratio of -3.49 and a beta of 1.10. The company’s 50 day moving average is $0.88 and its 200 day moving average is $0.98.

About ATA

ATA Creativity Global, formerly known as ATA Inc, is an international education services provider headquartered in China. The company focuses primarily on art education and related services, helping students develop creative skills and prepare for further study and career opportunities.

Its services have included art portfolio training, youth art education, test preparation, and consulting for students seeking admission to educational institutions in China and overseas. Through its education platforms and learning centers, ATA Creativity Global serves students and families interested in visual arts, design, and other creative disciplines.

Founded in 1999 and listed on the Nasdaq under the symbol AACG, the company changed its name from ATA Inc to ATA Creativity Global to reflect its greater emphasis on creativity-focused education.