Agape ATP Corp (NASDAQ: ATPC)’s stock price has plunge by 0.99relation to previous closing price of 0.11. Nevertheless, the company has seen a -32.24% plunge in its stock price over the last five trading sessions. accesswire.com reported 2024-06-21 that KUALA LUMPUR, MALAYSIA / ACCESSWIRE / June 21, 2024 / NASDAQ-listed AGAPE ATP Corporation (“ATPC”), is delighted to announce the relaunch of its subsidiary, now named ATPC Green Energy Sdn. Bhd. (“ATPC Green Energy”).
Is It Worth Investing in Agape ATP Corp (NASDAQ: ATPC) Right Now?
The public float for ATPC is 57.36M, and currently, short sellers hold a 0.10% ratio of that floaft. The average trading volume of ATPC on July 26, 2024 was 2.24M shares.
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ATPC’s Market Performance
ATPC stock saw a decrease of -32.24% in the past week, with a monthly decline of -48.00% and a quarterly a decrease of -53.61%. The volatility ratio for the week is 42.49%, and the volatility levels for the last 30 days are 15.05% for Agape ATP Corp (ATPC). The simple moving average for the past 20 days is -41.72% for ATPC’s stock, with a -80.78% simple moving average for the past 200 days.
ATPC Trading at -50.02% 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 -99.38% of loss for the given period.
Volatility was left at 15.05%, however, over the last 30 days, the volatility rate increased by 42.49%, as shares sank -48.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.91% lower at present.
During the last 5 trading sessions, ATPC fell by -32.55%, in comparison to the 20-day moving average, which settled at $0.1865. In addition, Agape ATP Corp saw -82.50% 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:
- -1.77 for the present operating margin
- 0.63 for the gross margin
The net margin for Agape ATP Corp stands at -1.74. The total capital return value is set at -0.62. Equity return is now at value -99.91, with -68.67 for asset returns.
Based on Agape ATP Corp (ATPC), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -7.29.
Currently, EBITDA for the company is -1.92 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 6.36. The receivables turnover for the company is 31.71for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.06.
Conclusion
In a nutshell, Agape ATP Corp (ATPC) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
