Ascentage Pharma Group International - Unsponsored ADR (NASDAQ:AAPG - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $23.34, but opened at $22.05. Ascentage Pharma Group International shares last traded at $22.2720, with a volume of 527 shares traded.
Wall Street Analyst Weigh In
AAPG has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ascentage Pharma Group International in a research note on Friday, April 24th. They set a "buy" rating and a $40.00 price objective on the stock. China Intl Cap raised shares of Ascentage Pharma Group International to a "strong-buy" rating in a research note on Monday, April 6th. BTIG Research reaffirmed a "buy" rating and set a $48.00 price objective on shares of Ascentage Pharma Group International in a research note on Monday, April 13th. Finally, Rodman & Renshaw initiated coverage on shares of Ascentage Pharma Group International in a research note on Tuesday, January 13th. They set a "buy" rating and a $48.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the company's stock. According to MarketBeat, Ascentage Pharma Group International currently has a consensus rating of "Buy" and a consensus price target of $46.67.
View Our Latest Stock Report on Ascentage Pharma Group International
Ascentage Pharma Group International Stock Performance
The business's 50 day moving average is $24.32 and its 200-day moving average is $27.52. The company has a quick ratio of 1.77, a current ratio of 1.79 and a debt-to-equity ratio of 0.57.
Ascentage Pharma Group International (NASDAQ:AAPG - Get Free Report) last released its quarterly earnings results on Wednesday, March 25th. The company reported ($0.52) earnings per share (EPS) for the quarter. The company had revenue of $24.72 million for the quarter. As a group, analysts forecast that Ascentage Pharma Group International - Unsponsored ADR will post -1.09 EPS for the current year.
Institutional Investors Weigh In On Ascentage Pharma Group International
A number of institutional investors have recently added to or reduced their stakes in AAPG. Hsbc Holdings PLC acquired a new stake in Ascentage Pharma Group International in the 2nd quarter valued at $391,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Ascentage Pharma Group International during the 3rd quarter worth $96,000. ABC Arbitrage SA acquired a new stake in Ascentage Pharma Group International during the 3rd quarter worth $204,000. UBS Group AG boosted its stake in Ascentage Pharma Group International by 149.4% during the 3rd quarter. UBS Group AG now owns 18,345 shares of the company's stock worth $716,000 after purchasing an additional 10,988 shares during the last quarter. Finally, XY Capital Ltd boosted its stake in Ascentage Pharma Group International by 224.2% during the 3rd quarter. XY Capital Ltd now owns 18,120 shares of the company's stock worth $707,000 after purchasing an additional 12,530 shares during the last quarter.
Ascentage Pharma Group International Company Profile
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Ascentage Pharma Group International is a clinical‐stage biopharmaceutical company focused on developing small‐molecule therapeutics that modulate programmed cell death pathways, including the Bcl‐2 family and the MDM2–p53 axis. Its pipeline features orally bioavailable inhibitors such as APG-2575, a selective Bcl-2 inhibitor, and APG-115, a potent MDM2 antagonist, both aimed at reactivating apoptosis in cancer cells across hematologic malignancies and solid tumors.
Founded in 2008 by biotechnology entrepreneur Dr.
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