The stock of Akso Health Group ADR (NASDAQ: AHG) has increased by 45.12 when compared to last closing price of 0.82.Despite this, the company has seen a gain of 33.71% in its stock price over the last five trading days. globenewswire.com reported 2024-01-31 that QINGDAO CHINA, Jan. 31, 2024 (GLOBE NEWSWIRE) — Akso Health Group (NASDAQ: AHG) ( “Akso Health,” “the Company,” or “we”) today announced its plan to make an equity investment in Deyihui, an online clinic based in China.
Is It Worth Investing in Akso Health Group ADR (NASDAQ: AHG) Right Now?
The 36-month beta value for AHG is at 0.22. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for AHG is 22.85M, and currently, shorts hold a 0.06% of that float. The average trading volume for AHG on November 15, 2024 was 11.46K shares.
AHG’s Market Performance
AHG’s stock has seen a 33.71% increase for the week, with a 20.56% rise in the past month and a 15.53% gain in the past quarter. The volatility ratio for the week is 21.98%, and the volatility levels for the past 30 days are at 12.34% for Akso Health Group ADR The simple moving average for the past 20 days is 30.65% for AHG’s stock, with a 12.51% simple moving average for the past 200 days.
AHG Trading at 18.70% from the 50-Day Moving Average
After a stumble in the market that brought AHG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.97% of loss for the given period.
Volatility was left at 12.34%, however, over the last 30 days, the volatility rate increased by 21.98%, as shares surge +26.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.26% upper at present.
During the last 5 trading sessions, AHG rose by +33.71%, which changed the moving average for the period of 200-days by -27.44% in comparison to the 20-day moving average, which settled at $0.9108. In addition, Akso Health Group ADR saw 60.81% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AHG
Current profitability levels for the company are sitting at:
- -3.58 for the present operating margin
- 0.05 for the gross margin
The net margin for Akso Health Group ADR stands at -3.75. The total capital return value is set at -0.06. Equity return is now at value -12.36, with -11.19 for asset returns.
Currently, EBITDA for the company is -8.5 million with net debt to EBITDA at 148.6. When we switch over and look at the enterprise to sales, we see a ratio of 29.08.
Conclusion
In conclusion, Akso Health Group ADR (AHG) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
