AHG Stock Summary and Trading Ideas (Akso Health Group - American Depositary Shares | NASDAQ:AHG)

Akso Health Group formerly Xiaobai Maimai Inc is a social e-commerce platform based in China. The company collaborates with domestic e-commerce platforms and offers users a wide selection of high-quality and affordable products on its social e-commerce platform. It generates majority of the revenues from sale of medical devices business.

Akso Health Group - American Depositary Shares trades on the NASDAQ stock market under the symbol AHG.

As of January 14, 2025, AHG stock price climbed to $1.38 with 13,907 million shares trading.

AHG has a beta of -0.66, meaning it tends to be less sensitive to market movements. AHG has a correlation of 0.00 to the broad based SPY ETF.

AHG has a market cap of $550.37 million. This is considered a Small Cap stock.

In the last 3 years, AHG traded as high as $2.90 and as low as $.20.

AHG has outperformed the market in the last year with a return of +29.0%, while the SPY ETF gained +23.6%. In the last 3 month period, AHG beat the market returning +30.2%, while SPY returned +0.8%. However, in the most recent 2 weeks AHG has underperformed the stock market by returning -6.8%, while SPY returned -1.0%.

AHG support price is $1.11 and resistance is $1.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AHG shares will trade within this expected range on the day.