Akso Health Group (NASDAQ:AHG) Stock Falls 6.2% – Should You Sell?

Akso Health Group Sponsored ADR (NASDAQ:AHG – Get Free Report)’s share price dropped 6.2% on Thursday. The company traded as low as $1.3484 and last traded at $1.29. 1,402 shares changed hands during trading, a decline of 98% from the average session volume of 83,322 shares. The stock had previously closed at $1.3751.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Report on AHG

Akso Health Group Price Performance

The stock has a 50-day simple moving average of $1.00 and a 200-day simple moving average of $1.47.

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

Institutional Investors Weigh In On Akso Health Group

An institutional investor recently bought a new stake in Akso Health Group stock. Citadel Advisors LLC purchased a new stake in shares of Akso Health Group Sponsored ADR (NASDAQ:AHG – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 46,026 shares of the company’s stock, valued at approximately $69,000. Hedge funds and other institutional investors 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.

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