Addentax Group (NASDAQ:ATXG) Trading Down 7.5% – Time to Sell?

Addentax Group Corp. ( NASDAQ:ATXG – Get Free Report ) shares fell 7.5% during mid-day trading on Tuesday .

The company traded as low as $0.55 and last traded at $0.55.



10,154 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 81,031 shares. The stock had previously closed at $0.60.

Addentax Group Price Performance The company has a 50-day moving average of $0.64 and a 200 day moving average of $0.74.

The company has a debt-to-equity ratio of 0.13, a quick ratio of 11.46 and a current ratio of 11.

54. The firm has a market cap of $2.37 million, a P/E ratio of -0.

74 and a beta of 1.61. About Addentax Group ( Get Free Report ) Addentax Group Corp.

, together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services.

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