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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 operates in two segments namely online marketplace and health devices. It generates the majority of revenue from the health devices segment.
Akso Health Group - American Depositary Shares trades on the NASDAQ stock market under the symbol AHG.
As of March 28, 2024, AHG stock price climbed to $1.16 with 944 million shares trading.
AHG has a beta of 0.04, 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 $127.12 million. This is considered a Micro Cap stock.
AHG has outperformed the market in the last year with a return of +227.4%, while the SPY ETF gained +33.7%. In the last 3 month period, AHG beat the market returning +51.3%, while SPY returned +10.2%. However, in the most recent 2 weeks AHG has underperformed the stock market by returning -8.7%, while SPY returned +1.7%.
AHG support price is $.97 and resistance is $1.25 (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 stock will trade within this expected range on the day.