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NASDAQ:ATXG

Addentax Group (ATXG) Stock Price, News & Analysis

Addentax Group logo
$0.62
-0.03 (-4.61%)
(As of 11/1/2024 ET)

About Addentax Group Stock (NASDAQ:ATXG)

Key Stats

Today's Range
$0.62
$0.68
50-Day Range
$0.51
$0.82
52-Week Range
$0.49
$1.77
Volume
11,884 shs
Average Volume
84,660 shs
Market Capitalization
$2.67 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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.

Addentax Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
4th Percentile Overall Score

ATXG MarketRank™: 

Addentax Group scored higher than 4% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Addentax Group is -2.48, 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 -2.48, 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.

  • Read more about Addentax Group's valuation and earnings.
  • Percentage of Shares Shorted

    0.52% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Addentax Group has recently increased by 13.03%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Addentax Group does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    0.52% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Addentax Group has recently increased by 13.03%, indicating that investor sentiment is decreasing significantly.
  • Search Interest

    Only 1 people have searched for ATXG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added Addentax Group to their MarketBeat watchlist in the last 30 days.
  • 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.

  • Read more about Addentax Group's insider trading history.
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ATXG Stock Analysis - Frequently Asked Questions

Addentax Group's stock was trading at $1.44 at the beginning of the year. Since then, ATXG shares have decreased by 56.9% and is now trading at $0.6207.
View the best growth stocks for 2024 here
.

Addentax Group Corp. (NASDAQ:ATXG) issued its earnings results on Wednesday, August, 14th. The company reported ($0.25) earnings per share for the quarter. The business earned $0.85 million during the quarter. Addentax Group had a negative net margin of 32.35% and a negative trailing twelve-month return on equity of 10.59%.

Addentax Group shares reverse split before market open 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 market closes 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.

Addentax Group (ATXG) raised $25 million in an 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.

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.
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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

Last Earnings
8/14/2024
Today
11/02/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Mailing, reproduction, commercial art & photography, & stenogr
Sub-Industry
Business Services
Current Symbol
NASDAQ:ATXG
Fax
N/A
Employees
130
Year Founded
N/A

Profitability

Net Income
$-3,110,000.00
Pretax Margin
-32.15%

Debt

Sales & Book Value

Annual Sales
$5.15 million
Cash Flow
$0.22 per share
Book Value
$6.06 per share

Miscellaneous

Free Float
4,150,000
Market Cap
$2.67 million
Optionable
Not Optionable
Beta
1.67
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This page (NASDAQ:ATXG) was last updated on 11/2/2024 by MarketBeat.com Staff
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