Akso Health Group (NASDAQ:AHG) Shares Climb 3.7% – Still a Buy?

Akso Health Group Sponsored ADR (NASDAQ:AHG) was up 3.7% on Wednesday. The stock traded as high as $1.44 and last traded at $1.41. Approximately 8,761 shares were traded during trading, a decline of 90% from the average daily volume of 83,740 shares. The stock had previously closed at $1.3591.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Akso Health Group in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Akso Health Group Trading Up 0.8%

The firm’s fifty day moving average is $1.00 and its 200 day moving average is $1.48.

Akso Health Group (NASDAQ:AHG) last released its earnings results on Thursday, July 23rd. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $3.42 million for the quarter.

Institutional Trading of Akso Health Group

A hedge fund recently bought a new stake in Akso Health Group stock. Citadel Advisors LLC acquired a new stake in shares of Akso Health Group Sponsored ADR (NASDAQ:AHG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 46,026 shares of the company’s stock, valued at approximately $69,000. Institutional investors and hedge funds own 1.21% of the company’s stock.

Akso Health Group Company Profile

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.