Akso Health Group (NASDAQ:AHG) Shares Gap Down – Here’s What Happened

Akso Health Group Sponsored ADR (NASDAQ:AHG) shares gapped down before the market opened on Wednesday . The stock had previously closed at $1.3544, but opened at $1.30. Akso Health Group shares last traded at $1.3410, with a volume of 581 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Akso Health Group in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Akso Health Group Stock Up 0.8%

The stock’s 50 day simple moving average is $1.51 and its two-hundred day simple moving average is $1.60.

Akso Health Group Company Profile

Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations. It also offers consultancy and information technology support services; provides health treatment services; sells medical devices; and trades in branded products, as well as promotes products. The company was formerly known as Xiaobai Maimai Inc and changed its name to Akso Health Group in December 2021.