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Ascentage Pharma Group International (NASDAQ:AAPG) Shares Gap Down - Time to Sell?

Ascentage Pharma Group International logo with Medical background

Shares of Ascentage Pharma Group International (NASDAQ:AAPG - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $26.48, but opened at $25.88. Ascentage Pharma Group International shares last traded at $25.99, with a volume of 10,595 shares trading hands.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Ascentage Pharma Group International

Ascentage Pharma Group International Stock Performance

The stock has a fifty day simple moving average of $22.70.

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 position in shares of Ascentage Pharma Group International (NASDAQ:AAPG - Free Report) during the first quarter, according to its most recent disclosure 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 about 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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