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

Shares of Akso Health Group Sponsored ADR (NASDAQ:AHG) gapped down before the market opened on Tuesday . The stock had previously closed at $1.3999, but opened at $1.33. Akso Health Group shares last traded at $1.39, with a volume of 13,912 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Akso Health Group in a research note on Wednesday, October 8th. 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 Stock Down 2.1%

The business’s fifty day simple moving average is $1.50 and its 200 day simple moving average is $1.60.

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.