Nvidia pushes back on AI bubble narrative as Blackwell drives Q3 beat
Director Hamilton Alex P. of Addentax Group CORP (NASDAQ:ATXG) sold 23,095 shares of common stock at a price of $0.52, in a transaction valued at $12,009. Following the transaction on September 8, 2025, Hamilton no longer owns shares in the company.The micro-cap company, currently valued at just $5.27 million, trades at $0.46 per share. InvestingPro analysis indicates ATXG is potentially undervalued, trading at only 0.21 times book value. The company maintains a weak financial health profile with poor gross profit margins of 7.59%, though it holds more cash than debt. Investors should note ATXG reports earnings in just 2 days, on November 21. InvestingPro offers 10 additional tips for this stock.
In other recent news, Addentax Group Corp. is currently in discussions with Kings United Holding Limited about a potential strategic collaboration. The focus of these talks is on integrating Web3.0 payment infrastructure and real-world asset enablement into Addentax’s supply-chain ecosystem. A proposal under evaluation includes the possibility of establishing a Hong Kong-licensed trust vehicle. This could involve the transfer of up to 100 million Kings native tokens. These tokens represent approximately a 1% allocation, with a notional valuation of about $10 million. These developments mark a significant step for Addentax in exploring new technological integrations.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.