ATA Inc. (ATAI) Upgraded to Hold by ValuEngine
ATA Inc. (NASDAQ:ATAI) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Saturday.
Separately, TheStreet lowered shares of ATA from a “c” rating to a “d+” rating in a research report on Friday, June 2nd.
Shares of ATA (NASDAQ ATAI) traded up 22.86% on Friday, reaching $4.89. 295,358 shares of the company’s stock traded hands. The stock’s market capitalization is $111.98 million. The company has a 50 day moving average of $3.69 and a 200-day moving average of $3.69. ATA has a 52 week low of $2.96 and a 52 week high of $5.34.
ATA (NASDAQ:ATAI) last issued its earnings results on Thursday, June 1st. The company reported ($0.34) earnings per share for the quarter. The business had revenue of $5.37 million for the quarter. ATA had a return on equity of 75.04% and a net margin of 27.56%. Equities research analysts forecast that ATA will post $0.27 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Monday, June 12th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Thursday, June 8th. This represents a $1.64 annualized dividend and a dividend yield of 33.54%.
ATA Company Profile
ATA Inc (ATA) is a provider of computer-based testing services in China. The Company offers services for the creation and delivery of computer-based tests utilizing its test delivery platform, testing technologies and testing services in China. Its computer-based testing services are used for licensure and certification tests in various industries, including information technology (IT) services, banking, securities, teaching and insurance.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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