Akso Health Group (NASDAQ:AHG) Shares Down 5% - Should You Sell?

Key Points

• Akso Health Group's shares declined by 5% on Tuesday, trading at a low of $1.60 and closing at $1.63.
• Weiss Ratings has issued a "sell (d-)" rating for Akso Health Group, contributing to an overall average rating of "Sell" for the stock.
• The company's 50-day simple moving average is $1.75, suggesting underperformance compared to this trend.

Akso Health Group Sponsored ADR (NASDAQ:AHG - Get Free Report) shares fell 5% on Tuesday . The stock traded as low as $1.60 and last traded at $1.63. 6,963 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 30,827 shares. The stock had previously closed at $1.71.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Akso Health Group in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of "Sell".

Akso Health Group Stock Performance

The company's 50 day simple moving average is $1.75 and its two-hundred day simple moving average is $1.53.

About Akso Health Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.