Agape ATP (NASDAQ:ATPC) Stock Price Down 7.6% – Here’s What Happened

Agape ATP Co. (NASDAQ:ATPC) shares fell 7.6% during trading on Friday . The stock traded as low as $1.92 and last traded at $2.06. 244,187 shares traded hands during trading, a decline of 86% from the average session volume of 1,756,175 shares. The stock had previously closed at $2.23.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Agape ATP from a “sell” rating to a “hold” rating in a research report on Thursday.

Agape ATP Trading Down 7.6%

The company has a current ratio of 3.59, a quick ratio of 3.53 and a debt-to-equity ratio of 0.05. The company has a fifty day simple moving average of $1.69 and a 200-day simple moving average of $1.43. The company has a market capitalization of $103.01 million, a PE ratio of -2.82 and a beta of -0.55.

Agape ATP (NASDAQ:ATPC) last issued its earnings results on Thursday, May 15th. The company reported ($0.07) earnings per share (EPS) for the quarter. Agape ATP had a negative net margin of 194.09% and a negative return on equity of 74.71%.

Agape ATP Company Profile

Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names.