TheStreet Upgrades ATA Inc. (NASDAQ:ATAI) to “C”

TheStreet upgraded shares of ATA Inc. (NASDAQ:ATAI) from a d+ rating to a c rating in a research report sent to investors on Friday, July 28th.

Separately, ValuEngine upgraded ATA from a sell rating to a hold rating in a research note on Saturday, June 10th.

Shares of ATA (NASDAQ ATAI) opened at 4.68 on Friday. ATA has a 12-month low of $2.95 and a 12-month high of $5.00. The company’s 50-day moving average is $4.68 and its 200-day moving average is $4.05. The stock’s market cap is $107.17 million.

ATA (NASDAQ:ATAI) last released its quarterly earnings results on Thursday, August 10th. The company reported ($0.09) earnings per share for the quarter. ATA had a negative return on equity of 6.16% and a negative net margin of 5.04%. The firm had revenue of $15.35 million for the quarter. On average, analysts expect that ATA will post $0.27 earnings per share for the current fiscal year.

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About ATA

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.

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