Akso Health Group Sponsored ADR (NASDAQ:AHG – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $1.36, but opened at $1.26. Akso Health Group shares last traded at $1.35, with a volume of 639 shares changing hands.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on AHG. Weiss Ratings reissued a “sell (d-)” rating on shares of Akso Health Group in a research report on Monday, April 20th. Wall Street Zen raised Akso Health Group to a “sell” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Akso Health Group presently has a consensus rating of “Sell”.
Read Our Latest Research Report on AHG
Akso Health Group Stock Up 13.4%
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Akso Health Group stock. SmartHarvest Portfolios LLC purchased a new position in shares of Akso Health Group Sponsored ADR (NASDAQ:AHG – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 16,748 shares of the company’s stock, valued at approximately $27,000. 1.21% of the stock is owned by hedge funds and other institutional investors.
About Akso Health Group
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.
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