Akso Health Group Sponsored ADR (NASDAQ:AHG – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 23,197 shares, a drop of 39.5% from the July 15th total of 38,320 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 7,554 shares, the short-interest ratio is currently 3.1 days.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on AHG shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Akso Health Group in a research note on Friday, July 17th. Wall Street Zen raised Akso Health Group to a “sell” rating in a research report on Saturday, May 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.
View Our Latest Research Report on AHG
Institutional Trading of Akso Health Group
Akso Health Group Stock Down 14.0%
Shares of NASDAQ AHG opened at $1.04 on Wednesday. The firm’s 50 day simple moving average is $1.42 and its 200-day simple moving average is $1.69. Akso Health Group has a 12 month low of $1.03 and a 12 month high of $2.50.
Akso Health Group (NASDAQ:AHG – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $3.42 million for the quarter.
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.
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