AACG Stock Summary and Trading Ideas (Ata Creativity Glb | NASDAQ:AACG)

ATA Creativity Global is an international educational services company focused on providing quality learning experiences that cultivate and enhance students' creativity. The operating segments are Overseas art study services, Other educational services and K-12 education assessment and other services. Majority of its revenue comes from Overseas art study services.

Ata Creativity Glb trades on the NASDAQ stock market under the symbol AACG.

As of December 6, 2024, AACG stock price declined to $0.87 with 36,490 million shares trading.

AACG has a beta of -0.02, meaning it tends to be less sensitive to market movements. AACG has a correlation of 0.00 to the broad based SPY ETF.

AACG has a market cap of $27.39 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, AACG traded as high as $2.94 and as low as $.50.

AACG has underperformed the market in the last year with a price return of -8.4% while the SPY ETF gained +35.2%. However, in the short term, AACG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +60.4% vs +12.8% return in SPY. But in the last 2 weeks, AACG shares have been beat by the market, returning -14.7% compared to an SPY return of +2.1%.

AACG support price is $.86 and resistance is $.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AACG shares will trade within this expected range on the day.