Antelope Enterprise Holdings L (NASDAQ:AEHL) Shares Down 3.5% – Here’s Why

Shares of Antelope Enterprise Holdings L (NASDAQ:AEHL) fell 3.5% on Thursday . The company traded as low as $0.8240 and last traded at $0.8679. Approximately 87,695 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 552,287 shares. The stock had previously closed at $0.8990.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Antelope Enterprise Holdings L in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Antelope Enterprise Holdings L Price Performance

The business has a 50 day moving average price of $1.43 and a 200 day moving average price of $2.93. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.48 and a quick ratio of 3.48.

Antelope Enterprise Holdings L (NASDAQ:AEHL) last released its quarterly earnings data on Tuesday, June 30th. The company reported ($0.45) earnings per share for the quarter. The company had revenue of $14.95 million for the quarter.

Hedge Funds Weigh In On Antelope Enterprise Holdings L

A hedge fund recently bought a new position in Antelope Enterprise Holdings L stock. Citadel Advisors LLC acquired a new stake in Antelope Enterprise Holdings L (NASDAQ:AEHL) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 10,428 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned approximately 1.01% of Antelope Enterprise Holdings L as of its most recent SEC filing.

Antelope Enterprise Holdings L Company Profile

Antelope Enterprise Holdings Limited, through its subsidiaries, provides livestream e-commerce services and business management and information systems consulting services in the People's Republic of China. The company operates an online social ecommerce and live broadcast streaming platform enhances product promotion, transaction speed, and marketing effectiveness of industries and applications to anchors and influencers. It also provides business management consulting; and information system technology consulting services, including the sales of software use rights for digital data deposit platforms and asset management systems, and online social media platform development and consulting.