The public float for ATPC is 2.87M, and at present, short sellers hold a 12.74% of that float. The average trading volume of ATPC on September 13, 2024 was 1.81M shares.
ATPC) stock’s latest price update
The stock price of Agape ATP Corp (NASDAQ: ATPC) has jumped by 72.41 compared to previous close of 1.45. Despite this, the company has seen a gain of 50.60% in its stock price over the last five trading days. accesswire.com reported 2024-08-30 that Reverse Stock Split and New Initiatives to Drive Future Growth KUALA LUMPUR, MALAYSIA / ACCESSWIRE / August 30, 2024 / AGAPE ATP Corporation (NASDAQ:ATPC) (“ATPC” or “the Company”), is pleased to announce a series of significant updates reflecting its ongoing commitment to growth and sustainability. Effective today, ATPC will implement a 1-for-20 reverse stock split of its shares of common stock, as previously disclosed in filings with the Securities and Exchange Commission.
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ATPC’s Market Performance
ATPC’s stock has risen by 50.60% in the past week, with a monthly rise of 18.04% and a quarterly drop of -44.69%. The volatility ratio for the week is 11.16% while the volatility levels for the last 30 days are 16.30% for Agape ATP Corp The simple moving average for the last 20 days is 35.08% for ATPC’s stock, with a simple moving average of -63.79% for the last 200 days.
ATPC Trading at -4.80% 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 -99.31% of loss for the given period.
Volatility was left at 16.30%, however, over the last 30 days, the volatility rate increased by 11.16%, as shares surge +34.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.11% lower at present.
During the last 5 trading sessions, ATPC rose by +58.77%, which changed the moving average for the period of 200-days by -88.34% in comparison to the 20-day moving average, which settled at $1.8842. In addition, Agape ATP Corp saw -80.44% 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:
- -1.82 for the present operating margin
- 0.61 for the gross margin
The net margin for Agape ATP Corp stands at -1.78. The total capital return value is set at -0.73. Equity return is now at value -123.81, with -79.49 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 -7.84.
Currently, EBITDA for the company is -1.92 million with net debt to EBITDA at 0.03. When we switch over and look at the enterprise to sales, we see a ratio of 6.11. The receivables turnover for the company is 28.94for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.72.
Conclusion
In summary, Agape ATP Corp (ATPC) has had a mixed 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.
