Antelope Enterprise Holdings L (NASDAQ:AEHL) Stock Set to Reverse Split on Monday, August 10th

Antelope Enterprise Holdings L (NASDAQ:AEHL) shares are going to reverse split before the market opens on Monday, August 10th. The 1-16 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, August 9th.

Antelope Enterprise Holdings L Stock Performance

NASDAQ:AEHL traded down $0.02 during midday trading on Thursday, reaching $0.31. 797,112 shares of the company traded hands, compared to its average volume of 5,672,974. Antelope Enterprise Holdings L has a twelve month low of $0.31 and a twelve month high of $50.52. The company has a current ratio of 3.48, a quick ratio of 3.48 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average price of $0.90 and a 200 day moving average price of $2.07.

Antelope Enterprise Holdings L (NASDAQ:AEHL) last issued its quarterly earnings data on Tuesday, June 30th. The company reported ($0.45) EPS for the quarter. The company had revenue of $14.95 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Antelope Enterprise Holdings L in a report on Wednesday, July 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Antelope Enterprise Holdings L stock. Citadel Advisors LLC bought a new position in Antelope Enterprise Holdings L (NASDAQ:AEHL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,428 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned 1.01% of Antelope Enterprise Holdings L at the end of the most recent reporting period.

Antelope Enterprise Holdings L Company Profile

Antelope Enterprise Holdings Limited, through its subsidiaries, provides livestream e-commerce services and business management and information systems consulting services in the People's Republic of China. The company operates an online social ecommerce and live broadcast streaming platform enhances product promotion, transaction speed, and marketing effectiveness of industries and applications to anchors and influencers. It also provides business management consulting; and information system technology consulting services, including the sales of software use rights for digital data deposit platforms and asset management systems, and online social media platform development and consulting.