Akso Health Group (NASDAQ:AHG) Shares Down 8% - Here's Why

Key Points

• Akso Health Group's shares fell by 8% during trading, with the stock price reaching a low of $1.65 and closing at $1.72.
• Trading volume was significantly reduced, with only approximately 8,729 shares exchanged, down 73% from the average volume of 31,873 shares.
• The company operates a social e-commerce platform in China, offering a variety of consumer products through the Xiaobai Maimai App.

Akso Health Group Sponsored ADR (NASDAQ:AHG - ) shares were down 8% during trading on Wednesday . The company traded as low as $1.65 and last traded at $1.72. Approximately 8,729 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 31,873 shares. The stock had previously closed at $1.87.

Akso Health Group Stock Performance

The company has a 50-day moving average of $1.71 and a two-hundred day moving average of $1.46.

Akso Health Group Company Profile

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.

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