Akso Health Group (NASDAQ:AHG) Trading Up 4.8% - Here's What Happened

Key Points

• Akso Health Group's share price increased by 4.8% to $1.65, despite a significant drop in trading volume compared to average levels.
• The stock currently holds an average rating of "Sell" from analysts, with Weiss Ratings reiterating a "sell (d-)" rating.
• Akso Health Group operates a social e-commerce platform in China and offers a variety of products through its Xiaobai Maimai App.

Akso Health Group Sponsored ADR (NASDAQ:AHG - Get Free Report)'s share price was up 4.8% during mid-day trading on Tuesday . The stock traded as high as $1.57 and last traded at $1.65. Approximately 2,022 shares were traded during trading, a decline of 93% from the average daily volume of 30,506 shares. The stock had previously closed at $1.57.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Akso Health Group in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of "Sell".

Akso Health Group Trading Up 4.8%

The company has a 50-day moving average price of $1.75 and a 200-day moving average price of $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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