9.4% Stake of ATA Inc. (ATAI) Held by Alpha Advantage Global Ltd
Alpha Advantage Global Ltd
stated that they own 9.4% of ATA Inc. (NASDAQ:ATAI) in a Schedule 13G disclosure that was filed with the SEC on Friday, October 13th. The investor owns 4,529,112 shares of the stock worth about $21,241,082. The reporting parties listed on the disclosure included Alpha Advantage Global Limited (1) and Zhao Jiangong (1). The filing is available through Edgar at this hyperlink.
ATA (NASDAQ:ATAI) last posted its quarterly earnings results on Thursday, August 10th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $15.35 million during the quarter. ATA had a negative return on equity of 6.16% and a negative net margin of 5.04%.
Separately, TheStreet raised shares of ATA from a “d+” rating to a “c” rating in a research report on Friday, July 28th.
ATA Inc (ATA) is a provider of computer-based testing services in China. The Company offers services for the creation and delivery of computer-based tests utilizing its test delivery platform, testing technologies and testing services in China. Its computer-based testing services are used for licensure and certification tests in various industries, including information technology (IT) services, banking, securities, teaching and insurance.
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