Agape ATP (NASDAQ:ATPC) Posts Quarterly Earnings Results

Agape ATP (NASDAQ:ATPC) issued its earnings results on Friday. The company reported $0.15 earnings per share (EPS) for the quarter, FiscalAI reports. Agape ATP had a negative return on equity of 8.43% and a negative net margin of 125.89%.The company had revenue of $0.01 million for the quarter.

Agape ATP Stock Down 0.4%

NASDAQ ATPC traded down $0.01 during trading on Friday, hitting $2.49. 19,388 shares of the stock traded hands, compared to its average volume of 2,546,163. Agape ATP has a 12-month low of $1.72 and a 12-month high of $73.50. The firm has a 50-day simple moving average of $2.83 and a 200-day simple moving average of $2.81. The company has a market capitalization of $2.49 million, a P/E ratio of -1.87 and a beta of 0.38.

Wall Street Analyst Weigh In

ATPC has been the topic of several recent analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Agape ATP in a research report on Friday, May 22nd. Wall Street Zen raised shares of Agape ATP from a “sell” rating to a “hold” rating in a research note on Monday, June 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Agape ATP stock. Citadel Advisors LLC boosted its holdings in shares of Agape ATP Corporation (NASDAQ:ATPC) by 95.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,130 shares of the company’s stock after purchasing an additional 31,849 shares during the quarter. Citadel Advisors LLC owned about 0.13% of Agape ATP worth $82,000 as of its most recent SEC filing. 0.01% of the stock is currently owned by institutional investors and hedge funds.

About Agape ATP

Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names. The company's products include ATP1s Survivor Select that contains various essential nutrients required by the human body to maintain normal metabolism; ATP3 Ionized Cal-Mag, a calcium and magnesium minerals supplement; ATP4 Omega Blend, an oil blend that provides a bio-effective balance of essential fatty acids, omega 3, and omega 6; ATP5 BetaMaxx, a natural immune enhancer; AGN-Vege Fruit Fiber, a nutrition-based formulation for intestines and stomach; AGP1-Iron to improve iron deficiency anemia; and YFA-Young Formula, an anti-aging and youthful maintenance supplement.