Addentax Group (ATXG) Stock Price, News & Analysis

Company Overview

Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services. It also offers shop subleasing and property management services for garment wholesalers and retailers in the garment market. In addition, the company engages in the building decoration designing business. Addentax Group Corp. is based in Shenzhen, China.

Key Stats

• Today's Range: $0.57 to $0.62
• 50-Day Range: $0.54 to $0.70
• 52-Week Range: $0.49 to $1.77
• Volume: 13,363 shs
• Average Volume: 74,499 shs
• Market Capitalization: $2.57 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Addentax Group Stock Analysis - MarketRank™

Addentax Group scored higher than 15% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Addentax Group.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Addentax Group is -0.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Addentax Group is -0.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Addentax Group has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.57% of the float of Addentax Group has been sold short.

Short Interest Ratio / Days to Cover

Addentax Group has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Addentax Group has recently decreased by 1.99%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Addentax Group does not currently pay a dividend.

Dividend Growth

Addentax Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.57% of the float of Addentax Group has been sold short.

Short Interest Ratio / Days to Cover

Addentax Group has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Addentax Group has recently decreased by 1.99%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.93

News Sentiment

Addentax Group has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Multi-Sector Conglomerates companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Addentax Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Addentax Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.37% of the stock of Addentax Group is held by insiders.

Percentage Held by Institutions

Only 10.09% of the stock of Addentax Group is held by institutions.

ATXG Stock Analysis - Frequently Asked Questions

How have ATXG shares performed this year?

Addentax Group's stock was trading at $1.44 at the beginning of the year. Since then, ATXG stock has decreased by 58.4% and is now trading at $0.5990.
View the best growth stocks for 2024 here.

When did Addentax Group's stock split?

Addentax Group's stock reverse split on Friday, June 30th 2023. The 1-10 reverse split was announced on Friday, June 30th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, June 30th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Addentax Group IPO?

Addentax Group (ATXG) raised $25 million in an initial public offering (IPO) on Wednesday, August 31st 2022. The company issued 5,000,000 shares at a price of $5.00 per share. Network 1 Financial Securities acted as the underwriter for the IPO.

How do I buy shares of Addentax Group?

Shares of ATXG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Addentax Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Addentax Group investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Bakkt (BKKT) and Castor Maritime (CTRM).

Company Calendar

• Today: 12/26/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Multi-Sector Conglomerates
• Industry: Mailing, reproduction, commercial art & photography, & stenogr
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:ATXG
• CUSIP: N/A
• CIK: 1650101
• Web: www.addentax.com
• Phone: 8675582330336
• Fax: N/A
• Employees: 130
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.75)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-3,110,000.00
• Net Margins: -74.33%
• Pretax Margin: -74.17%
• Return on Equity: -7.74%
• Return on Assets: -3.73%

Debt

• Debt-to-Equity Ratio: 0.13
• Current Ratio: 11.54
• Quick Ratio: 11.46

Sales & Book Value

• Annual Sales: $4.96 million
• Price / Sales: 0.52
• Cash Flow: $0.23 per share
• Price / Cash Flow: 2.55
• Book Value: $6.06 per share
• Price / Book: 0.10

Miscellaneous

• Outstanding Shares: 4,295,000
• Free Float: 4,150,000
• Market Cap: $2.57 million
• Optionable: Not Optionable
• Beta: 1.52