(ZBAI) ATIF Holdings - Ratings and Ratios

ATIF Holdings Limited is a business consulting firm specializing in guiding small and medium-sized enterprises (SMEs) through the process of going public on US stock exchanges and OTC markets. The companys comprehensive suite of services includes due diligence reviews, market research, business plan drafting, and reorganization, among others, aimed at facilitating a successful IPO or reverse merger transaction.

Beyond its core consulting services, ATIF Holdings operates a financial news and media website, expanding its reach and influence within the financial sector. Established in 2015 and headquartered in Lake Forest, California, the company has positioned itself as a key player in the capital markets industry.

Analyzing the available and , its evident that ATIF Holdings Limited (ZBAI) is currently trading at $0.87, below its short-term and long-term moving averages, indicating a bearish trend. The Average True Range (ATR) of 0.11, or 12.50%, suggests significant volatility. The stock has experienced a substantial decline from its 52-week high of $2.16 to its current price, presenting a potential buying opportunity if the company can demonstrate turnaround potential.

Given the negative Return on Equity (RoE) of -99.95% and the absence of a Price-to-Earnings (P/E) ratio, it is clear that ATIF Holdings is not currently profitable. The Market Cap stands at $18.62M USD, categorizing it as a small-cap stock. To forecast potential future performance, we must consider both the technical indicators and fundamental data. If the company can address its profitability issues, a reversal in the stocks fortunes could be possible, potentially driving the price back towards its SMA50 or even SMA200 levels.

Based on the current , a potential forecast could involve a gradual recovery, with initial resistance around the SMA20 at $0.96. A break above this level could pave the way for further gains, targeting the SMA50 at $0.99 and potentially the SMA200 at $1.09 in a more optimistic scenario. However, this would require a significant improvement in the companys , particularly a return to profitability and a positive RoE.