ATA Creativity Global (NASDAQ: AACG) is 352.94% higher on its value in year-to-date trading and has touched a low of $0.61 and a high of $19.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AACG stock was last observed hovering at around $5.66 in the last trading session, with the day’s loss setting it -0.27% off its average median price target of $6.50 for the next 12 months. It is also 17.08% off the consensus price target high of $6.50 offered by 1 analysts, but current levels are 17.08% higher than the price target low of $6.50 for the same period.
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Currently trading at $5.39, the stock is 25.99% and 120.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -4.77% at the moment leaves the stock 270.79% off its SMA200. AACG registered 385.59% gain for a year compared to 6-month gain of 374.68%. The firm has a 50-day simple moving average (SMA 50) of $3.09 and a 200-day simple moving average (SMA200) of $1.62.
The stock witnessed a 285.00% loss in the last 1 month and extending the period to 3 months gives it a 364.66%, and is -5.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.15% over the week and 36.10% over the month.
ATA Creativity Global (AACG) has around 768 employees, a market worth around $173.77M and $23.70M in sales. Profit margin for the company is -68.30%. Distance from 52-week low is 780.72% and -72.71% from its 52-week high. The company has generated returns on investments over the last 12 months (-45.00%).
ATA Creativity Global (AACG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for ATA Creativity Global (AACG) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
ATA Creativity Global is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -37.70% this year.
ATA Creativity Global (AACG) Top Institutional Holders
5 institutions hold shares in ATA Creativity Global (AACG), with institutional investors hold 0.04% of the company’s shares. The shares outstanding are 34.43M, and float is at 31.74M with Short Float at 0.01%. Institutions hold 0.04% of the Float.
The top institutional shareholder in the company is Renaissance Technologies, LLC with over 99144.0 shares valued at $0.12 million. The investor’s holdings represent 0.41% of the AACG Shares outstanding. As of Sep 29, 2020, the second largest holder is UBS Group AG with 11925.0 shares valued at $13177.0 to account for 0.05% of the shares outstanding.
ATA Creativity Global (AACG): Who are the competitors?
The company’s main competitors (and peers) include TAL Education Group (TAL) that is trading 42.64% up over the past 12 months. Houghton Mifflin Harcourt Company (HMHC) is 3.13% up on the 1-year trading charts. Short interest in the company’s stock has fallen -21.09% from the last report on Dec 30, 2020 to stand at a total of 3790.0 short shares sold with a short interest ratio of 0.06.