Akso Health Group (NASDAQ:AHG) Shares Gap Up – What’s Next?

Akso Health Group Sponsored ADR (NASDAQ:AHG – Get Free Report)’s stock price gapped up before the market opened on Wednesday. The stock had previously closed at $0.6910, but opened at $0.7450. Akso Health Group shares last traded at $0.9090, with a volume of 1,725,937 shares trading hands.

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on Akso Health Group

Akso Health Group Stock Performance

The stock has a 50-day moving average of $1.04 and a 200 day moving average of $1.54.

Akso Health Group (NASDAQ:AHG – Get Free Report) last issued 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 during the quarter.

Institutional Investors Weigh In On Akso Health Group

An institutional investor recently raised its position in Akso Health Group stock. SmartHarvest Portfolios LLC raised its position in Akso Health Group Sponsored ADR (NASDAQ:AHG – Free Report) by 111.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,429 shares of the company’s stock after purchasing an additional 18,681 shares during the quarter. SmartHarvest Portfolios LLC’s holdings in Akso Health Group were worth $81,000 as of its most recent SEC filing. 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 (NASDAQ: AHG) is a healthcare company focused on providing health management and medical services in China. Its activities include medical examinations, health consultations, and related healthcare management services.

The company also provides clinical healthcare services through its medical operations and may offer healthcare-related products and ancillary services. Its business is primarily oriented toward serving patients and consumers in the Chinese healthcare market.

Akso Health Group is organized as a holding company and conducts its operations through subsidiaries.

Further Reading

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