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Ascentage Pharma Group International (NASDAQ:AAPG) Hits New 12-Month High - Should You Buy?

Ascentage Pharma Group International logo with Medical background

Ascentage Pharma Group International (NASDAQ:AAPG - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as $27.18 and last traded at $26.82, with a volume of 1315 shares changing hands. The stock had previously closed at $25.22.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. started coverage on Ascentage Pharma Group International in a report on Thursday, March 27th. They set an "overweight" rating for the company.

Read Our Latest Analysis on AAPG

Ascentage Pharma Group International Stock Down 1.1%

The firm has a 50-day simple moving average of $23.12.

Hedge Funds Weigh In On Ascentage Pharma Group International

A hedge fund recently bought a new stake in Ascentage Pharma Group International stock. Monashee Investment Management LLC acquired a new stake in Ascentage Pharma Group International (NASDAQ:AAPG - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 159,942 shares of the company's stock, valued at approximately $3,511,000. Monashee Investment Management LLC owned approximately 0.18% of Ascentage Pharma Group International at the end of the most recent quarter.

About Ascentage Pharma Group International

(Get Free Report)

Ascentage Pharma Group International Co, Ltd. is a clinical-stage biotechnology company. It engages in the development of novel therapies for cancers, hepatitis B virus, or HBV, and age-related diseases. The company was founded by Da Jun Yang, Wang Shao Meng and Ming Guo in May 2009 and is headquartered in Suzhou, China.

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