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Monashee Investment Management LLC Buys New Shares in Ascentage Pharma Group International - Unsponsored ADR $AAPG

Ascentage Pharma Group International logo with Medical background

Key Points

  • Monashee Investment Management LLC has acquired a new stake in Ascentage Pharma Group International, purchasing 159,942 shares valued at approximately $3.5 million during the first quarter.
  • The company operates as a clinical-stage biotechnology firm focused on developing therapies for cancers, hepatitis B virus, and age-related diseases.
  • Ascentage Pharma's stock is currently trading around $47.20, with a significant 12-month price range between $16.50 and $47.78.
  • Want stock alerts on Ascentage Pharma Group International? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Monashee Investment Management LLC purchased a new stake in shares of Ascentage Pharma Group International - Unsponsored ADR (NASDAQ:AAPG - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund 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 at the end of the most recent quarter.

Ascentage Pharma Group International Stock Performance

Shares of AAPG stock opened at $47.20 on Thursday. The company's fifty day simple moving average is $39.53. The company has a debt-to-equity ratio of 3.24, a current ratio of 1.26 and a quick ratio of 1.26. Ascentage Pharma Group International - Unsponsored ADR has a 12 month low of $16.50 and a 12 month high of $47.78.

Ascentage Pharma Group International Company Profile

(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.

Read More

Want to see what other hedge funds are holding AAPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ascentage Pharma Group International - Unsponsored ADR (NASDAQ:AAPG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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