Addentax Group Corp. (NASDAQ:ATXG) CEO Hong Zhida Acquires 24,000 Shares

Addentax Group Corp. (NASDAQ:ATXG) CEO Hong Zhida bought 24,000 shares of the company’s stock in a transaction dated Thursday, February 13th. The stock was acquired at an average price of $1.09 per share, for a total transaction of $26,160.00. Following the acquisition, the chief executive officer now directly owns 245,894 shares in the company, valued at $268,024.46. This trade represents a 10.82 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Hong Zhida also recently made the following trade(s):

• On Tuesday, February 11th, Hong Zhida acquired 2,000 shares of Addentax Group stock. The shares were bought at an average cost of $1.10 per share, for a total transaction of $2,200.00.
• On Thursday, February 6th, Hong Zhida bought 232 shares of Addentax Group stock. The stock was bought at an average price of $0.79 per share, with a total value of $183.28.
• On Tuesday, February 4th, Hong Zhida purchased 963 shares of Addentax Group stock. The shares were bought at an average price of $0.65 per share, for a total transaction of $625.95.

Addentax Group Stock Down 3.3 %

Shares of NASDAQ:ATXG opened at $1.04 on Friday. Addentax Group Corp. has a 1 year low of $0.49 and a 1 year high of $1.77. The company has a current ratio of 11.54, a quick ratio of 11.46 and a debt-to-equity ratio of 0.13. The business has a fifty day simple moving average of $0.72 and a 200 day simple moving average of $0.66.

Addentax Group (NASDAQ:ATXG) last posted its quarterly earnings results on Friday, February 14th. The company reported ($0.19) earnings per share for the quarter. Addentax Group had a negative return on equity of 7.74% and a negative net margin of 74.33%.

Addentax Group Company Profile

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.