Short Interest in Agape ATP Co. (NASDAQ:ATPC) Rises By 162.8%

Agape ATP Co. (NASDAQ:ATPC) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 225,500 shares, an increase of 162.8% from the October 15th total of 85,800 shares. Approximately 7.9% of the shares of the company are short sold. Based on an average daily volume of 2,830,000 shares, the days-to-cover ratio is presently 0.1 days.

Agape ATP Stock Performance

Shares of ATPC opened at $1.48 on Thursday. Agape ATP has a 52-week low of $1.36 and a 52-week high of $24.60. The stock’s 50-day simple moving average is $1.72 and its 200 day simple moving average is $3.11. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.66 and a current ratio of 4.73. The stock has a market capitalization of $5.70 million and a price-to-earnings ratio of -2.47.

Agape ATP (NASDAQ:ATPC) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $0.31 million during the quarter. Agape ATP had a negative return on equity of 83.32% and a negative net margin of 177.43%.

Agape ATP Company Profile

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.