Akso Health Group (NASDAQ:AHG) Stock Price Up 6.8% – Still a Buy?

Akso Health Group Sponsored ADR (NASDAQ:AHG – Get Free Report) shares traded up 6.8% during trading on Thursday. The stock traded as high as $1.25 and last traded at $1.31. Approximately 710 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 81,741 shares. The stock had previously closed at $1.2267.

Analyst Ratings Changes

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

Get Our Latest Analysis on Akso Health Group

Akso Health Group Stock Up 6.6%

The firm has a 50 day simple moving average of $0.99 and a 200 day simple moving average of $1.43.

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

Institutional Trading of Akso Health Group

A hedge fund recently bought a new stake in Akso Health Group stock. Citadel Advisors LLC bought a new position in Akso Health Group Sponsored ADR (NASDAQ:AHG – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 46,026 shares of the company’s stock, valued at approximately $69,000. 1.21% of the stock is owned by institutional investors and hedge funds.

About Akso Health Group

(Get Free Report)

Akso Health Group Limited is a Cayman Islands holding company that operates through subsidiaries in China. The company is focused on the health and wellness sector, offering products and services intended to support consumers’ healthcare, nutrition and general well-being needs.

Akso Health Group’s activities include the distribution and sale of health-related products, including nutritional supplements and other wellness offerings, together with related health management and support services.

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