Shares of Ascentage Pharma Group International - Unsponsored ADR (NASDAQ:AAPG - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $31.64, but opened at $34.86. Ascentage Pharma Group International shares last traded at $35.00, with a volume of 7,496 shares trading hands.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. assumed coverage on Ascentage Pharma Group International in a report on Thursday, March 27th. They issued an "overweight" rating for the company.
Check Out Our Latest Report on AAPG
Ascentage Pharma Group International Stock Up 4.2%
The firm's fifty day moving average price is $25.85. The company has a debt-to-equity ratio of 3.24, a current ratio of 1.26 and a quick ratio of 1.26.
Hedge Funds 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 acquired a new stake in Ascentage Pharma Group International - Unsponsored ADR (NASDAQ:AAPG - Free Report) in the 1st quarter, according to the company in 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 as of its most recent SEC filing.
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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