Akso Health Group (NASDAQ:AHG) Releases Earnings Results

Akso Health Group (NASDAQ:AHG) released its earnings results on Thursday. The company reported ($0.01) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $3.42 million during the quarter.

Akso Health Group Trading Up 2.7%

NASDAQ:AHG opened at $1.51 on Friday. Akso Health Group has a twelve month low of $1.10 and a twelve month high of $2.50. The stock has a fifty day simple moving average of $1.47 and a 200-day simple moving average of $1.70.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Akso Health Group stock. SmartHarvest Portfolios LLC bought a new position in Akso Health Group Sponsored ADR (NASDAQ:AHG) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 16,748 shares of the company’s stock, valued at approximately $27,000. Institutional investors own 1.21% of the company’s stock.

Analyst Upgrades and Downgrades

AHG has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Akso Health Group in a research note on Friday, July 17th. Wall Street Zen upgraded Akso Health Group to a “sell” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

About Akso Health Group

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.