Akso Health Group (NASDAQ:AHG) Shares Gap Up - Here's What Happened

Key Points

• Shares of Akso Health Group (NASDAQ:AHG) experienced a pre-market jump, opening at $1.74 after closing at $1.56.
• Despite the price increase, Weiss Ratings upheld a "sell (d-)" rating on the stock, contributing to an average rating of "Sell" from analysts.
• Akso Health Group operates a social e-commerce platform in China, providing various products through the Xiaobai Maimai App.

Akso Health Group Sponsored ADR (NASDAQ:AHG - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $1.56, but opened at $1.74. Akso Health Group shares last traded at $1.69, with a volume of 2,186 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Akso Health Group in a research note on Wednesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Akso Health Group presently has an average rating of "Sell".

Akso Health Group Stock Up 5.1%

The company's 50 day simple moving average is $1.75 and its two-hundred day simple moving average is $1.52.

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.

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