Akso Health Group (AHG) Expected to Announce Quarterly Earnings on Tuesday

Akso Health Group (NASDAQ:AHG) is anticipated to post its resultson Tuesday, June 16th. Analysts expect Akso Health Group to post earnings of ($0.18) per share and revenue of $8.4210 million for the quarter.

Akso Health Group Stock Performance

Shares of AHG stock opened at $1.33 on Tuesday. Akso Health Group has a 12-month low of $1.07 and a 12-month high of $2.50. The firm has a 50 day moving average price of $1.96 and a two-hundred day moving average price of $1.70.

Institutional Trading of Akso Health Group

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Akso Health Group in a research note on Monday, April 20th. Wall Street Zen upgraded Akso Health Group to a “sell” rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Akso Health Group has a consensus 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.