ATIF (NASDAQ:AUC) Stock Price Up 0.9% – Still a Buy?

ATIF Holdings Limited (NASDAQ:AUC) shares were up 0.9% on Thursday . The stock traded as high as $6.55 and last traded at $6.50. 2,871 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 3,701 shares. The stock had previously closed at $6.44.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of ATIF from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, May 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

ATIF Stock Performance

The company’s 50 day moving average is $8.23 and its 200 day moving average is $7.19. The stock has a market capitalization of $8.58 million, a price-to-earnings ratio of -0.90 and a beta of 0.06.

About ATIF

ATIF Holdings Limited, through its subsidiaries, provides a range of financial consulting and advisory services to small and medium-sized enterprises. The company focuses on helping clients with business strategy, financing support, and support for going public, including initial public offering-related services.

Its offerings have included consulting on corporate structure, merger and acquisition advisory, and other business development services designed to help companies navigate capital markets and growth opportunities.