StockNews.com Initiates Coverage on ATA Creativity Global (NASDAQ:AACG)

StockNews.com assumed coverage on shares of ATA Creativity Global (NASDAQ:AACG) in a research note released on Tuesday. The firm issued a sell rating on the stock.

ATA Creativity Global Stock Performance

AACG opened at $1.00 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.30. The stock’s fifty day moving average is $0.94 and its two-hundred day moving average is $0.80. The company has a market capitalization of $32.08 million, a P/E ratio of -5.54 and a beta of 0.78. ATA Creativity Global has a 52 week low of $0.50 and a 52 week high of $1.65.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC purchased a new position in ATA Creativity Global (NASDAQ:AACG) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned 0.13% of ATA Creativity Global as of its most recent filing with the Securities and Exchange Commission. 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 and training organizations, foreign language training services, junior art education, and other related educational services to its students.