Addentax Group Corp. (NASDAQ:ATXG) went up by 29.41% from its latest closing price compared to the recent 1-year high of $656.54. The company’s stock price has collected 9.39% of gains in the last five trading sessions.
Is It Worth Investing in Addentax Group Corp. (NASDAQ :ATXG) Right Now?
Addentax Group Corp. (NASDAQ:ATXG) scored a price-to-earnings ratio above its average ratio, recording 495.00 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Addentax Group Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
ATXG currently public float of 29.06M and currently shorts hold a 0.03% ratio of that float. Today, the average trading volume of ATXG was 2.88M shares.
ATXG’s Market Performance
ATXG stocks went up by 9.39% for the week, with a monthly drop of -10.00% and a quarterly performance of -97.59%, while its annual performance rate touched -93.36%. The volatility ratio for the week stands at 15.79% while the volatility levels for the past 30 days are set at 11.73% for Addentax Group Corp. The simple moving average for the period of the last 20 days is 7.85% for ATXG stocks with a simple moving average of -94.68% for the last 200 days.
ATXG Trading at -25.29% from the 50-Day Moving Average
After a stumble in the market that brought ATXG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.70% of loss for the given period.
Volatility was left at 11.73%, however, over the last 30 days, the volatility rate increased by 15.79%, as shares sank -11.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -58.58% lower at present.
During the last 5 trading sessions, ATXG rose by +9.39%, in comparison to the 20-day moving average, which settled at $1.8234. In addition, Addentax Group Corp. saw -73.60% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ATXG
Current profitability levels for the company are sitting at:
- -0.45 for the present operating margin
- +16.26 for the gross margin
The net margin for Addentax Group Corp. stands at +0.61.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.