The stock price of Agape ATP Corp (NASDAQ: ATPC) has dropped by -9.83 compared to previous close of 0.30. Despite this, the company has seen a gain of 24.02% in its stock price over the last five trading days. InvestorPlace reported 2024-01-30 that Agape ATP (NASDAQ: ATPC ) stock is rocketing higher on Tuesday despite a lack of news from the health and wellness investment holding company. There are no new press releases or filings with the Securities and Exchange Commission that explain why shares of ATPC stock are on the rise today.
Is It Worth Investing in Agape ATP Corp (NASDAQ: ATPC) Right Now?
The public float for ATPC is 57.39M, and at present, short sellers hold a 0.03% of that float. The average trading volume of ATPC on May 06, 2024 was 133.89K shares.
ATPC’s Market Performance
ATPC stock saw a decrease of 24.02% in the past week, with a monthly decline of -11.83% and a quarterly a decrease of -46.91%. The volatility ratio for the week is 16.79%, and the volatility levels for the last 30 days are 10.88% for Agape ATP Corp (ATPC). The simple moving average for the past 20 days is 6.86% for ATPC’s stock, with a -86.70% simple moving average for the past 200 days.
ATPC Trading at -12.67% from the 50-Day Moving Average
After a stumble in the market that brought ATPC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.48% of loss for the given period.
Volatility was left at 10.88%, however, over the last 30 days, the volatility rate increased by 16.79%, as shares sank -12.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.21% lower at present.
During the last 5 trading sessions, ATPC rose by +24.02%, in comparison to the 20-day moving average, which settled at $0.2547. In addition, Agape ATP Corp saw -57.09% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ATPC
Current profitability levels for the company are sitting at:
- -1.5 for the present operating margin
- 0.64 for the gross margin
The net margin for Agape ATP Corp stands at -1.47. The total capital return value is set at -0.46. Equity return is now at value -71.12, with -49.25 for asset returns.
Based on Agape ATP Corp (ATPC), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at -4.31.
Currently, EBITDA for the company is -1.92 million with net debt to EBITDA at 0.04. When we switch over and look at the enterprise to sales, we see a ratio of 14.7. The receivables turnover for the company is 21.36for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.84.
Conclusion
In summary, Agape ATP Corp (ATPC) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
