Akso Health Group (NASDAQ:AHG) Shares Up 5.6% – Here’s Why

Shares of Akso Health Group Sponsored ADR (NASDAQ:AHG) rose 5.6% during trading on Wednesday . The company traded as high as $1.42 and last traded at $1.4250. Approximately 3,722 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 6,005 shares. The stock had previously closed at $1.35.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Akso Health Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Akso Health Group Trading Up 4.1%

The firm’s 50 day moving average is $1.59 and its two-hundred day moving average is $1.62.

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.