ATA Inc. (NASDAQ:AACG – Get Free Report) shares passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $0.77 and traded as high as $0.9191. ATA shares last traded at $0.89, with a volume of 7,717,718 shares changing hands.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of ATA in a report on Friday, October 2nd. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has an average rating of “Sell”.
Check Out Our Latest Analysis on AACG
ATA Trading Up 52.1%
The company has a market capitalization of $30.46 million, a price-to-earnings ratio of -4.45 and a beta of 1.18. The stock’s 50 day moving average price is $0.77 and its 200 day moving average price is $0.95.
ATA Company Profile
ATA Creativity Global, formerly known as ATA Inc., is a China-based provider of international education services focused primarily on creativity and art education. The company offers programs designed to help students develop skills in areas such as visual arts, design, digital media, and other creative disciplines. Its services have included portfolio development, art and design instruction, test preparation, and education counseling for students seeking admission to colleges and universities in China and overseas.
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