ATA Inc. (ATAI) Issues Earnings Results

ATA Inc. (NASDAQ:ATAI) released its quarterly earnings results on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, Morningstar.com reports. ATA had a negative net margin of 5.04% and a negative return on equity of 5.86%. The company had revenue of $15.35 million during the quarter.

Shares of ATA (NASDAQ:ATAI) opened at 4.80 on Friday. The firm’s market cap is $109.88 million. ATA has a 1-year low of $2.96 and a 1-year high of $5.00. The company has a 50-day moving average of $4.69 and a 200-day moving average of $3.99.

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ATAI has been the topic of a number of research analyst reports. ValuEngine raised shares of ATA from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. TheStreet cut shares of ATA from a “c” rating to a “d+” rating in a research note on Friday, June 2nd.

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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