Akso Health Group (NASDAQ:AHG) Shares Gap Up – Still a Buy?

Akso Health Group Sponsored ADR (NASDAQ:AHG – Get Free Report)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $0.6910, but opened at $0.7450. Akso Health Group shares last traded at $0.9090, with a volume of 1,725,937 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Akso Health Group in a research report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Get Our Latest Report on AHG

Akso Health Group Stock Up 31.5%

The firm’s 50 day moving average price is $1.06 and its two-hundred day moving average price is $1.56.

Akso Health Group (NASDAQ:AHG – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $3.42 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Akso Health Group stock. Citadel Advisors LLC acquired a new stake in shares of Akso Health Group Sponsored ADR (NASDAQ:AHG – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 46,026 shares of the company’s stock, valued at approximately $69,000. Institutional investors own 1.21% of the company’s stock.

Akso Health Group Company Profile

(Get Free Report)

Akso Health Group Limited (NASDAQ: AHG) is a healthcare company focused on providing health management and medical services in China. Its activities include medical examinations, health consultations, and related healthcare management services.

The company also provides clinical healthcare services through its medical operations and may offer healthcare-related products and ancillary services. Its business is primarily oriented toward serving patients and consumers in the Chinese healthcare market.

Akso Health Group is organized as a holding company and conducts its operations through subsidiaries.

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