ATA Inc. ADR (NASDAQ:ATAI) gasping for breath?


ATA Inc. (NASDAQ:ATAI) has posted results for the last fiscal year, recording EPS of $0.18. That comes to P/E of 27.17. For this year, EPS is anticipated to grow 15.80% over the preceding year.

The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend. The market is in highly overbought territory. Beware of a trend reversal.

Recently, ATA Inc. (NASDAQ:ATAI) reported that for the previous five years, EPS at ATA Inc. has increased 5.20%, while rise sales have surged 6.50% over the same period. The combined EPS growth for the imminent five years is projected to be 25.00%.

Shares of ATA Inc. are now trading at $4.89, giving it market cap of $109.98M. Over the last 12 months, shares of ATA Inc. have risen to maximum of $-8.43% and declined to a minimum of $65.48%.

The stock’s beta, which measures volatility, is 1.27. For the purpose of clarity, note that a beta of less than 1 implies that a stock is less volatile versus the overall market, while a beta over 1 indicates a stock is more volatile over the market.

ATA Inc. shows 20-Day Simple Moving Average of $35.68% and 50-Day Simple Moving Average of $32.18%. The 200-Day SMA is $27.50%.

The stock’s weekly performance is 33.24% while its monthly performance is 35.83%. Year-to-date the equity has moved 31.62% compared to a performance of -7.57% over the preceding 12 months.

ATA Inc. has witnessed insider ownership of 18.70%. That compares to 11.30% ownership by institutional investors after -1.36% institutional transactions.

Return on investments in ATA Inc. for the last 12 months is 8.30%, while return on assets for the equivalent period is 5.70%. Return on equity for the previous 12 months, on the other hand, is 7.10%.

ATA Inc. has RSI (Relative Strength Index) of 79.19.

ATA Inc. (“ATA” or the “Company”) (NASDAQ:ATAI), a leading provider of advanced testing technologies and testing-related services in China, today announced that its Board of Directors has declared a cash dividend of US$0.205 per common share, or US$0.41 per American Depositary Share (ADS).