Aimei Health Technology (NASDAQ:AFJKU) Trading 46.7% Higher – Should You Buy?

Aimei Health Technology Co., Ltd (NASDAQ:AFJKU) shares shot up 46.7% during mid-day trading on Tuesday . The company traded as high as $66.00 and last traded at $71.95. 580 shares were traded during trading, a decline of 73% from the average session volume of 2,155 shares. The stock had previously closed at $49.06.

Aimei Health Technology Stock Up 46.7%

The company’s 50 day moving average is $22.73 and its 200 day moving average is $15.42.

Institutional Trading of Aimei Health Technology

A hedge fund recently bought a new stake in Aimei Health Technology stock. Clear Street Group Inc. acquired a new position in Aimei Health Technology Co., Ltd (NASDAQ:AFJKU) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,293 shares of the company’s stock, valued at approximately $26,000.

About Aimei Health Technology

Aimei Health Technology Co, Ltd does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquires businesses in the biopharmaceutical, medical technology/device industries or diagnostic, and other services sectors. Aimei Health Technology Co, Ltd was incorporated in 2023 and is based in New York, New York.