Akso Health Group (NASDAQ:AHG) Trading 5.6% Higher - Still a Buy?

Key Points

• Akso Health Group's stock price increased by 5.6%, reaching a last trading price of $1.81, despite a significant trading volume decline.
• The company's 50-day moving average stands at $1.78, while the 200-day moving average is $1.50, indicating positive short-term momentum.
• Akso Health Group operates a social e-commerce mobile platform in China, providing various consumer products through its Xiaobai Maimai App.

Akso Health Group Sponsored ADR (NASDAQ:AHG - )'s stock price traded up 5.6% during mid-day trading on Friday . The company traded as high as $1.69 and last traded at $1.81. 218 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 30,124 shares. The stock had previously closed at $1.71.

Akso Health Group Price Performance

The business's 50 day moving average is $1.78 and its 200-day moving average is $1.50.

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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