Somewhat Favorable Press Coverage Somewhat Unlikely to Impact ATA (NASDAQ:ATAI) Stock Price

News articles about ATA (NASDAQ:ATAI) have trended somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ATA earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.81654585068 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

A number of research firms have recently issued reports on ATAI. TheStreet lowered ATA from a “c” rating to a “d+” rating in a research report on Friday, June 2nd. ValuEngine upgraded ATA from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th.

Shares of ATA (NASDAQ:ATAI) traded up 0.21% on Thursday, reaching $4.70. The company had a trading volume of 1,378 shares. The firm’s market capitalization is $107.59 million. ATA has a 1-year low of $2.95 and a 1-year high of $5.00. The firm has a 50-day moving average price of $4.52 and a 200 day moving average price of $3.85.

ATA (NASDAQ:ATAI) last released its earnings results on Thursday, June 1st. The company reported ($0.34) EPS for the quarter. The firm had revenue of $5.37 million during the quarter. ATA had a negative return on equity of 2.80% and a negative net margin of 2.39%. Equities research analysts predict that ATA will post $0.27 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Monday, June 12th were paid a $0.41 dividend. The ex-dividend date was Thursday, June 8th. This represents a $1.64 annualized dividend and a yield of 34.97%. ATA’s payout ratio is currently -487.44%.

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About ATA

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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