Akso Health Group (NASDAQ:AHG) Upgraded to "Sell" at Wall Street Zen

Key Points

• Akso Health Group (NASDAQ:AHG) is rated a Sell by multiple firms — Wall Street Zen assigned a "sell" rating and Weiss Ratings reissued a "sell (d-)," with MarketBeat showing a consensus "Sell."
• Shares opened at $2.14 and are trading in a 12‑month range of $1.07–$2.50, with 50‑day and 200‑day moving averages of $2.04 and $1.69, respectively.
• SmartHarvest Portfolios LLC raised its stake by 111.5% to 35,429 shares (about $81,000), while overall institutional ownership remains low at 1.21%.

Akso Health Group (NASDAQ:AHG - Get Free Report) was upgraded by analysts at Wall Street Zen to a "sell" rating in a report issued on Saturday.

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Akso Health Group in a research report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".

Akso Health Group Price Performance

NASDAQ:AHG opened at $2.14 on Friday. Akso Health Group has a 12-month low of $1.07 and a 12-month high of $2.50. The firm has a 50-day moving average price of $2.04 and a 200 day moving average price of $1.69.

Institutional Trading of Akso Health Group

A hedge fund recently raised its stake in Akso Health Group stock. SmartHarvest Portfolios LLC raised its position in shares of Akso Health Group Sponsored ADR (NASDAQ:AHG - Free Report) by 111.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,429 shares of the company's stock after buying an additional 18,681 shares during the period. SmartHarvest Portfolios LLC's holdings in Akso Health Group were worth $81,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 1.21% of the company's stock.

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. It also offers consultancy and information technology support services; provides health treatment services; sells medical devices; and trades in branded products, as well as promotes products. The company was formerly known as Xiaobai Maimai Inc and changed its name to Akso Health Group in December 2021.

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