Akso Health Group (NASDAQ:AHG) Shares Down 5.3% – Here’s What Happened

Akso Health Group Sponsored ADR (NASDAQ:AHGGet Free Report)’s share price fell 5.3% during mid-day trading on Friday . The stock traded as low as $1.4001 and last traded at $1.5150. 2,261 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 10,106 shares. The stock had previously closed at $1.60.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Akso Health Group in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Read Our Latest Stock Report on Akso Health Group

Akso Health Group Trading Down 3.3%

The business has a 50-day moving average of $1.45 and a 200-day moving average of $1.62.

Akso Health Group Company Profile

(Get Free Report)

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations. It also offers consultancy and information technology support services; provides health treatment services; sells medical devices; and trades in branded products, as well as promotes products. The company was formerly known as Xiaobai Maimai Inc and changed its name to Akso Health Group in December 2021.

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