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

Ascentage Pharma Group International logo with Medical background

Ascentage Pharma Group International (NASDAQ:AAPG - Get Free Report) shares gapped down prior to trading 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 traded.

Analyst Ratings Changes

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

Read Our Latest Report on Ascentage Pharma Group International

Ascentage Pharma Group International Stock Performance

The business has a 50-day simple moving average of $22.58.

Institutional Investors Weigh In On Ascentage Pharma Group International

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

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.

Further Reading

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