Aimei Health Technology (NASDAQ:AFJK) Posts Earnings Results

Aimei Health Technology (NASDAQ:AFJK) issued its earnings results on Tuesday. The company reported $0.06 earnings per share for the quarter, Zacks reports.

Aimei Health Technology Trading Up 6.0%

Aimei Health Technology stock opened at $11.15 on Thursday. The stock has a 50 day moving average of $11.66 and a 200-day moving average of $11.34. The stock has a market cap of $68.26 million, a P/E ratio of 53.10 and a beta of -0.02. Aimei Health Technology has a 52 week low of $9.60 and a 52 week high of $41.80.

Institutional Investors Weigh In On Aimei Health Technology

A hedge fund recently raised its stake in Aimei Health Technology stock. Quarry LP increased its position in shares of Aimei Health Technology Co., Ltd. (NASDAQ:AFJK) by 6.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 167,081 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. Quarry LP owned 2.73% of Aimei Health Technology worth $1,891,000 at the end of the most recent reporting period. 45.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Aimei Health Technology in a research report on Thursday, November 13th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Aimei Health Technology currently has an average rating of “Hold”.

Aimei Health Technology Company Profile

Aimei Health Technology Co, Ltd does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquires businesses in the biopharmaceutical, medical technology/device industries or diagnostic, and other services sectors.