Akso Health Group (NASDAQ:AHG) Stock Price Up 14.9% – Still a Buy?

Shares of Akso Health Group Sponsored ADR (NASDAQ:AHG) traded up 14.9% during mid-day trading on Wednesday. The company traded as high as $1.38 and last traded at $1.39. 1,213 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 78,679 shares. The stock had previously closed at $1.21.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Akso Health Group in a research report on Thursday, October 15th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Akso Health Group has a consensus rating of “Sell”.

Akso Health Group Trading Up 9.9%

The stock has a 50 day moving average of $1.04 and a 200-day moving average of $1.51.

Institutional Trading of Akso Health Group

An institutional investor recently bought a new position in Akso Health Group stock. Citadel Advisors LLC bought a new stake in shares of Akso Health Group Sponsored ADR (NASDAQ:AHG) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 46,026 shares of the company’s stock, valued at approximately $69,000. Institutional investors own 1.21% of the company’s stock.

About Akso Health Group

Akso Health Group Limited is a Cayman Islands holding company that operates through subsidiaries in China. The company is focused on the health and wellness sector, offering products and services intended to support consumers’ healthcare, nutrition and general well-being needs.

Akso Health Group’s activities include the distribution and sale of health-related products, including nutritional supplements and other wellness offerings, together with related health management and support services.