Agape ATP Co. (NASDAQ:ATPC) Sees Significant Growth in Short Interest

Agape ATP Co. (NASDAQ:ATPC) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 283,200 shares, a growth of 297.2% from the March 31st total of 71,300 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average daily volume of 2,020,000 shares, the days-to-cover ratio is currently 0.1 days.

Agape ATP Stock Performance

Shares of Agape ATP stock opened at $2.38 on Tuesday. The firm has a market capitalization of $119.01 million, a P/E ratio of -3.26 and a beta of 0.40. The company has a quick ratio of 3.53, a current ratio of 3.59 and a debt-to-equity ratio of 0.05. The company has a 50 day moving average price of $1.34 and a 200 day moving average price of $1.38. Agape ATP has a 52 week low of $0.90 and a 52 week high of $8.00.

Agape ATP (NASDAQ:ATPC) last posted its quarterly earnings results on Monday, March 31st. The company reported ($0.20) earnings per share (EPS) for the quarter. Agape ATP had a negative return on equity of 74.71% and a negative net margin of 194.09%. The business had revenue of $0.36 million for the quarter.

About Agape ATP

Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names.