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Ascentage Pharma Group International (NASDAQ:AAPG) Stock Price Down 6.2% - Should You Sell?

Ascentage Pharma Group International logo with Medical background

Ascentage Pharma Group International (NASDAQ:AAPG - Get Free Report)'s stock price traded down 6.2% on Wednesday . The company traded as low as $24.23 and last traded at $24.23. 6,732 shares were traded during mid-day trading, a decline of 89% from the average session volume of 61,093 shares. The stock had previously closed at $25.82.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on Ascentage Pharma Group International

Ascentage Pharma Group International Stock Up 3.4%

The business's 50 day simple moving average is $22.70.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ascentage Pharma Group International stock. Monashee Investment Management LLC bought a new position in Ascentage Pharma Group International (NASDAQ:AAPG - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 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 reporting period.

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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