Akso Health Group (NASDAQ:AHG) Shares Up 9.1% - What's Next?

Key Points

• Akso Health Group's stock price increased by 9.1% to $1.79 after trading as high as $1.80, despite a significant decline in trading volume.
• The company's 50-day and 200-day moving averages are $1.53 and $1.39 respectively, indicating a positive trend in its recent stock performance.
• Akso Health Group operates a social e-commerce mobile platform in China, primarily through the Xiaobai Maimai App, which offers a variety of consumer products.

Akso Health Group Sponsored ADR (NASDAQ:AHG - ) shot up 9.1% on Thursday . The stock traded as high as $1.80 and last traded at $1.79. 12,700 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 47,437 shares. The stock had previously closed at $1.64.

Akso Health Group Price Performance

The stock has a 50 day moving average price of $1.53 and a 200-day moving average price of $1.39.

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.