Aimei Health Technology (NASDAQ:AFJKU) Trading Down 9.5% – Should You Sell?

Aimei Health Technology Co., Ltd (NASDAQ:AFJKU) shares were down 9.5% on Friday . The company traded as low as $67.24 and last traded at $57.0290. Approximately 20 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 600 shares. The stock had previously closed at $63.03.

Aimei Health Technology Stock Performance

The company’s 50 day moving average price is $61.37 and its 200-day moving average price is $28.92.

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 stake in Aimei Health Technology Co., Ltd (NASDAQ:AFJKU) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,293 shares of the company’s stock, valued at approximately $26,000.

Aimei Health Technology Company Profile

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.