ValuEngine upgraded shares of ATA Inc. (NASDAQ:ATAI) from a sell rating to a hold rating in a research report released on Saturday morning.

Separately, TheStreet cut ATA from a c rating to a d+ rating in a research report on Friday, June 2nd.

ATA (NASDAQ ATAI) traded up 22.86% during mid-day trading on Friday, hitting $4.89. 295,358 shares of the stock were exchanged. The stock’s market cap is $111.98 million. The company has a 50 day moving average price of $3.69 and a 200 day moving average price of $3.69. ATA has a 52 week low of $2.96 and a 52 week high of $5.34.

ATA (NASDAQ:ATAI) last announced its earnings results on Thursday, June 1st. The company reported ($0.34) earnings per share (EPS) for the quarter. The company had revenue of $5.37 million for the quarter. ATA had a return on equity of 75.04% and a net margin of 27.56%. Analysts expect that ATA will post $0.27 EPS for the current fiscal year.

WARNING: “ATA Inc. (ATAI) Upgraded by ValuEngine to Hold” was first posted by Watch List News and is owned by of Watch List News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.watchlistnews.com/ata-inc-atai-upgraded-by-valuengine-to-hold/1351487.html.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Monday, June 12th will be given a $0.41 dividend. The ex-dividend date of this dividend is Thursday, June 8th. This represents a $1.64 annualized dividend and a dividend yield of 33.54%.

About ATA

ATA Inc (ATA) is a provider of computer-based testing services in China. The Company offers services for the creation and delivery of computer-based tests utilizing its test delivery platform, testing technologies and testing services in China. Its computer-based testing services are used for licensure and certification tests in various industries, including information technology (IT) services, banking, securities, teaching and insurance.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for ATA Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATA Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.