Agape ATP Corporation (NASDAQ:ATPC) Sees Large Decrease in Short Interest

Agape ATP Corporation (NASDAQ:ATPC) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 9,771 shares, a decrease of 57.5% from the September 15th total of 23,016 shares. Based on an average daily trading volume, of 22,972 shares, the short-interest ratio is presently 0.4 days. Approximately 1.0% of the shares of the company are short sold.

Agape ATP Stock Down 1.6%

ATPC traded down $0.03 on Thursday, hitting $1.73. The company’s stock had a trading volume of 7,094 shares, compared to its average volume of 2,002,059. Agape ATP has a 12 month low of $1.62 and a 12 month high of $73.50. The firm has a market cap of $1.73 million, a P/E ratio of -2.34 and a beta of 0.42. The company’s 50 day simple moving average is $2.31 and its 200-day simple moving average is $2.65.

Agape ATP (NASDAQ:ATPC) last issued its earnings results on Friday, August 14th. The company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $0.01 million for the quarter. Agape ATP had a negative net margin of 85.94% and a negative return on equity of 5.47%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Agape ATP in a report on Wednesday, August 19th. Wall Street Zen raised shares of Agape ATP from a “sell” rating to a “hold” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has an average rating of “Sell”.

Agape ATP Company Profile

Agape ATP Corporation (NASDAQ: ATPC) is a Malaysia-based health and wellness company focused on products and services intended to support healthy aging and overall well-being. The company operates through a direct-selling and distribution model.

Its offerings include nutritional supplements, wellness products and related health-focused services. Agape ATP has also promoted personalized wellness programs and products associated with preventive health and anti-aging. The company primarily serves customers in Malaysia and has described its business as having an international focus across parts of Asia.

Agape ATP Corporation is headquartered in Malaysia and is publicly traded on the Nasdaq Stock Market.