Addentax Group Corp [NASDAQ: ATXG] loss -11.56% or -0.08 points to close at $0.62 with a heavy trading volume of 35700124 shares.
The daily chart for ATXG points out that the company has recorded -11.10% loss over the past six months.
If we look at the average trading volume of 1.14M shares, ATXG reached to a volume of 35700124 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Addentax Group Corp [ATXG]:
The Price to Book ratio for the last quarter was 0.17, with the Price to Cash per share for the same quarter was set at 3.41. Price to Free Cash Flow for ATXG in the course of the last twelve months was 6.01 with Quick ratio for the last quarter at 7.45.
Trading performance analysis for ATXG stock
Addentax Group Corp [ATXG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.61. With this latest performance, ATXG shares dropped by -29.53% in over the last four-week period, additionally sinking by -11.10% over the last 6 months – not to mention a rise of 0.64% in the past year of trading.
Addentax Group Corp [ATXG]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Addentax Group Corp [ATXG] shares currently have an operating margin of -43.46% and a Gross Margin at 15.17%. Addentax Group Corp’s Net Margin is presently recorded at -121.84%.
Return on Equity for this stock declined to -10.04%, with Return on Assets sitting at -10.04%.
