Shares of Ascentage Pharma Group International (NASDAQ:AAPG - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $23.00, but opened at $24.50. Ascentage Pharma Group International shares last traded at $24.96, with a volume of 7,941 shares.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. initiated coverage on shares of Ascentage Pharma Group International in a research note on Thursday, March 27th. They issued an "overweight" rating on the stock.
Check Out Our Latest Stock Report on AAPG
Ascentage Pharma Group International Stock Performance
The firm has a 50-day moving average of $22.07.
Institutional Trading of Ascentage Pharma Group International
An institutional investor recently bought a new position in Ascentage Pharma Group International stock. Monashee Investment Management LLC purchased a new position in shares of Ascentage Pharma Group International (NASDAQ:AAPG - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 as of its most recent filing with the Securities and Exchange Commission (SEC).
Ascentage Pharma Group International Company Profile
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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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