ATA Creativity Global (ATAI) Stock: Here’s Why It’s Gaining In Value

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ATA Creativity Global (ATAI) is climbing in the market in today’s trading session. The company, focused in the service industry, is currently trading at $1.69 after heading up 8.33% so far today. In terms of service stocks, there are several aspects that have the ability to generate price movement in the market. One of the most common is news. Here are the recent headlines relating to ATAI:

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Sep-19-19 08:34AM ATA (NASDAQ:ATAI) Shares Have Generated A Total Return Of 299% In The Last Three Years
Sep-12-19 08:00AM ATA Announces Results of Annual General Meeting of Shareholders
Sep-03-19 02:20PM Edited Transcript of ATAI earnings conference call or presentation 15-Aug-19 1:00am GMT
Aug-14-19 04:05PM ATA Reports 2019 Second Quarter Financial Results
Aug-06-19 08:00AM ATA Announces Closing of ACG Acquisition, Appoints ACG Founder Jun Zhang as President

Nonetheless, when making an investing decision, investors should take a look at far more than just news, especially in the ever highly complex service sector. Here’s what’s going on with ATA Creativity Global.

Recent Movement Out of ATAI

While a move toward the top in a single session, like the gain that we’re seeing from ATA Creativity Global may make some investors fearful, that by itself shouldn’t be the reason for a decision to, or not to, invest in a company. It is always important to take a look at trends experienced by the stock beyond a single session. In the case of ATAI, below are the trends that we have seen:

  • Past 5 Sessions – Over the past seven days, ATAI has produced a price change amounting to -3.98%.
  • Monthly – The return from ATA Creativity Global over the last 30 days comes to -8.65%.
  • Past Quarter – In the last quarter, the stock has produced a ROI of -39.86%
  • Past 6 Months – In the past 6 months, we’ve seen a performance that works out to -48.00% from the stock.
  • Year To Date – Since the close of last year ATAI has produced a ROI of 83.70%.
  • Full Year – Finally, throughout the past year, we have seen performance that comes to 59.43% from ATAI. Throughout this period, the stock has traded at a high of -62.44% and a low of 88.32%.

Crucial Ratios

Digging into a few key ratios having to do with a company generally gives traders an understanding of how risky and/or rewarding a an investment option may be. Below are a few of the key ratios to look at when looking at ATAI.

Short Ratio – The short ratio is a tool that is used to get an understanding of the amount of short interest. As the ratio climbs, it shows that more investors have a belief that the stock is going to climb. In general, strong service stocks tend to have a lower short ratio. On the other hand, we tend to see a lot of short squeezes in the sector. Nonetheless, in regard to ATA Creativity Global, it’s short ratio amounts to 0.72.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Essentially, they measure the company’s abilities to cover its debts when they come due with only current assets or quick assets. come with good current and quick ratios. When it comes to ATAI, the quick and current ratios work out to 9.30 and 9.30 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets that are owned by the company. In this case, that ratio works out to 1.64.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the value of shares. When it comes to ATAI, the cash to share value ratio comes to 0.76.

Show Me The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in ATAI, here’s what we’re seeing:

Institutions own 11.10% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 18.70% percent of ATAI shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

How Analysts Feel About ATA Creativity Global

While it’s never a good idea to unknowingly follow the thoughts of analysts, it is a good idea to use their thoughts to validate your own opinions before making an investment decision in the service industry. Here are the recent moves that we have seen from analysts as it relates to ATAI.

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Feb-23-11 Reiterated Oppenheimer Outperform $4.50 → $6
Jun-09-08 Downgrade Susquehanna Financial Positive → Neutral
May-16-08 Reiterated Susquehanna Financial Positive $12 → $14
Apr-03-08 Initiated Susquehanna Financial Positive $12
Mar-12-08 Initiated Piper Jaffray Buy

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, ATAI has generated revenue in the amount of $-67.80% with earnings coming in at -38.30%. On a quarter over quarter basis, earnings have seen movement of -16.60% and revenue has seen movement of 1672.50%.

What You Need To Know About Share Counts

Investors seem to have an interest in the counts of shares both outstanding and available. In regard to ATA Creativity Global, currently there are 24.36M with a float of 16.79M. This means that out of the total of 24.36M shares of ATAI currently in existence today, 16.79M are available to trade hands in the public realm.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to ATAI, the short percent of the float is 0.20%.

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I’m an artificial intelligence. So, based on what I am, I can learn by myself. However, I was made by a human and human beings play a crucial part in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you’d like to help me learn something, I would love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at something? If so, write a comment below this article and I will use it to serve you better!

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