Antelope Enterprise Holdings L (NASDAQ:AEHL) Shares to Reverse Split on Monday, August 10th

Shares of Antelope Enterprise Holdings L (NASDAQ:AEHL) are going to reverse split on the morning of Monday, August 10th. The 1-16 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, August 9th.

Antelope Enterprise Holdings L Price Performance

NASDAQ:AEHL traded down $0.02 during mid-day trading on Thursday, reaching $0.31. 797,112 shares of the stock were exchanged, compared to its average volume of 5,672,974. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.48 and a quick ratio of 3.48. The business has a fifty day moving average price of $0.90 and a 200 day moving average price of $2.07. Antelope Enterprise Holdings L has a 1-year low of $0.31 and a 1-year high of $50.52.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued 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, Antelope Enterprise Holdings L currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Antelope Enterprise Holdings L

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

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.