Akso Health Group (NASDAQ:AHG) Shares Gap Up – Should You Buy?

Akso Health Group Sponsored ADR (NASDAQ:AHG)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $1.46, but opened at $1.57. Akso Health Group shares last traded at $1.4850, with a volume of 1,258 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Akso Health Group in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Akso Health Group Price Performance

The company has a 50 day simple moving average of $1.45 and a 200-day simple moving average of $1.62.

Akso Health Group Company Profile

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.