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

Shares of Akso Health Group Sponsored ADR (NASDAQ:AHG – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $1.35, but opened at $1.27. Akso Health Group shares last traded at $1.3190, with a volume of 738 shares trading hands.

Analysts Set New Price Targets

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

Read Our Latest Report on Akso Health Group

Akso Health Group Trading Down 3.0%

The firm has a fifty day moving average of $1.00 and a 200-day moving average of $1.44.

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

Institutional Investors Weigh In On Akso Health Group

A hedge fund recently raised its stake in Akso Health Group stock. SmartHarvest Portfolios LLC lifted its position in Akso Health Group Sponsored ADR (NASDAQ:AHG – Free Report) by 111.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,429 shares of the company’s stock after buying an additional 18,681 shares during the quarter. SmartHarvest Portfolios LLC’s holdings in Akso Health Group were worth $81,000 as of its most recent SEC filing. Institutional investors and hedge funds own 1.21% of the company’s stock.

Akso Health Group Company Profile

(Get Free Report)

Akso Health Group Limited is a healthcare company serving customers in the People’s Republic of China. Through its operating subsidiaries, the company focuses on health management and related healthcare services.

Its activities include providing health examination, health consultation and health intervention services, along with medical services such as general-practice care, specialist consultations and hospital-referral support. The company’s offerings are intended to help individuals assess, manage and improve their health.

Akso Health Group is incorporated in the Cayman Islands and conducts its principal operations in China.

Further Reading

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