NEW YORK ( TheStreet) -- ATA (Nasdaq: ATAI) has been upgraded by TheStreet Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

ATA Inc., through its subsidiaries, provides computer-based testing services in the People's Republic of China. ATA has a market cap of $110.6 million and is part of the services sector and diversified services industry. Shares are up 50.7% year to date as of the close of trading on Thursday.

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