Akso Health Group (NASDAQ:AHG) Shares Gap Down – What’s Next?

Akso Health Group Sponsored ADR (NASDAQ:AHG)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $1.44, but opened at $1.25. Akso Health Group shares last traded at $1.3790, with a volume of 240 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Akso Health Group in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Akso Health Group Trading Up 6.9%

The firm has a 50-day simple moving average of $1.44 and a two-hundred day simple moving average of $1.59.

Institutional Trading of Akso Health Group

A hedge fund recently bought a new stake in Akso Health Group stock. SmartHarvest Portfolios LLC bought a new stake in shares of Akso Health Group Sponsored ADR (NASDAQ:AHG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,748 shares of the company’s stock, valued at approximately $27,000. Institutional investors own 1.21% of the company’s stock.

Akso Health Group Company Profile

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations. It also offers consultancy and information technology support services; provides health treatment services; sells medical devices; and trades in branded products, as well as promotes products. The company was formerly known as Xiaobai Maimai Inc and changed its name to Akso Health Group in December 2021.