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Ascentage Pharma Group International (NASDAQ:AAPG) Shares Gap Down - What's Next?

Ascentage Pharma Group International logo with Medical background

Ascentage Pharma Group International - Unsponsored ADR (NASDAQ:AAPG - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $42.04, but opened at $41.06. Ascentage Pharma Group International shares last traded at $41.53, with a volume of 2,508 shares changing hands.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Ascentage Pharma Group International

Ascentage Pharma Group International Trading Up 1.3%

The business's fifty day moving average price is $30.65. The company has a debt-to-equity ratio of 3.24, a quick ratio of 1.26 and a current ratio of 1.26.

Institutional Investors 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 - Unsponsored ADR (NASDAQ:AAPG - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 159,942 shares of the company's stock, valued at approximately $3,511,000. Monashee Investment Management LLC owned 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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