Addentax Group Corp. (NASDAQ: ATXG) is -44.80% lower on its value in year-to-date trading and has touched a low of $3.81 and a high of $656.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ATXG stock was last observed hovering at around $4.39 in the last trading session, with the day’s loss setting it -0.25%.
Currently trading at $4.14, the stock is -92.40% and -93.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing -5.69% at the moment leaves the stock -90.63% off its SMA200. ATXG registered -89.65% loss for a year compared to 6-month gain of -88.17%.
The stock witnessed a -91.88% loss in the last 1 month and extending the period to 3 months gives it a -92.69%, and is -13.39% 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 23.76% over the week and 383.60% over the month.
Addentax Group Corp. (ATXG) has around 126 employees, a market worth around $133.47M and $10.80M in sales. Current P/E ratio is 1035.00. Profit margin for the company is 0.90%. Distance from 52-week low is 8.66% and -99.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-80.50%).
Addentax Group Corp. (ATXG) Analyst Forecasts
The EPS is expected to grow by 102.10% this year
Addentax Group Corp. (ATXG) Top Institutional Holders
The shares outstanding are 32.24M, and float is at 24.66M with Short Float at 0.00%.