ATA (ATAI) Sees Large Volume Increase

Shares of ATA Inc. (NASDAQ:ATAI) saw strong trading volume on Monday . 9,297,525 shares traded hands during trading, an increase of 423% from the previous session’s volume of 1,777,729 shares.The stock last traded at $3.25 and had previously closed at $2.50.

ATA (NASDAQ:ATAI) last released its quarterly earnings data on Thursday, March 14th. The company reported ($0.16) earnings per share for the quarter. The firm had revenue of $0.03 million for the quarter. ATA had a negative return on equity of 61.27% and a net margin of 52,906.01%.

An institutional investor recently raised its position in ATA stock. Renaissance Technologies LLC lifted its position in shares of ATA Inc. (NASDAQ:ATAI) by 973.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 322,999 shares of the company’s stock after purchasing an additional 292,899 shares during the period. Renaissance Technologies LLC owned 1.33% of ATA worth $339,000 at the end of the most recent quarter. Institutional investors and hedge funds own 1.59% of the company’s stock.

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ATA Company Profile (NASDAQ:ATAI)

ATA Inc, through its subsidiaries, provides computer-based testing services in the People's Republic of China. The company offers services for the creation and delivery of computer-based tests utilizing its test delivery platform and proprietary testing technologies that are used for professional licensure and certification tests in various industries, including IT services, banking, teaching, and insurance; and administrative services, such as test registration, scheduling, fee collection, and certification fulfillment.

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