Akso Health Group Stock Today
| AHG Stock | USD 0.86 0.02 2.27% |
Performance1 of 100
| Odds Of DistressOver 54
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Akso Health is trading at 0.86 as of the 26th of November 2024. This is a 2.27% down since the beginning of the trading day. The stock's lowest day price was 0.85. Akso Health has 54 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Akso Health Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 28th of December 2006 | Category Healthcare | Classification Health Care |
Akso Health Group operates a social e-commerce mobile platform in China. As of July 13, 2021, Akso Health Group operates as a subsidiary of Webao Limited. Akso Health operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. The company has 398.82 M outstanding shares of which 14.11 K shares are presently shorted by investors with about 0.79 days to cover. More on Akso Health Group
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Akso Stock Highlights
| Thematic Idea | Drugs (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Automotive Holdings Group Limited | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, Drugs, Health Care, Health Care Equipment & Supplies, Credit Services, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAkso Health can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Akso Health's financial leverage. It provides some insight into what part of Akso Health's total assets is financed by creditors.
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Akso Health Group (AHG) is traded on NASDAQ Exchange in USA. It is located in Qiantongyuan Building, Qingdao, China and employs 9 people. Akso Health is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 350.96 M. Akso Health Group runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 398.82 M outstanding shares of which 14.11 K shares are presently shorted by investors with about 0.79 days to cover.
Akso Health Group has about 15.46 M in cash with 1.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68.
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Ownership AllocationAkso Health holds a total of 398.82 Million outstanding shares. Almost 99.93 percent of Akso Health outstanding shares are held by general public with 0.07 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Akso Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Renaissance Technologies Corp | 2024-09-30 | 152.6 K | |
| Ubs Group Ag | 2024-06-30 | 18.3 K | |
| Geode Capital Management, Llc | 2024-09-30 | 15 K | |
| Rhumbline Advisers | 2024-06-30 | 14.3 K | |
| Millennium Management Llc | 2024-06-30 | 14.2 K | |
| Xtx Topco Ltd | 2024-06-30 | 0.0 |
Akso Health Historical Income Statement
Akso Stock Against Markets
Akso Health Corporate Management
| Rui Zhang | Chief Officer | Profile | |
| Yilin Wang | CEO Board | Profile | |
| Ma Xiaoqin | Corporate Secretary | Profile | |
| Daisy Wang | Investor Contact | Profile |
Already Invested in Akso Health Group?
The danger of trading Akso Health Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Akso Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Akso Health. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Akso Health Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Akso Health Group is a strong investment it is important to analyze Akso Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akso Health's future performance. For an informed investment choice regarding Akso Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akso Health. If investors know Akso will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akso Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Revenue Per Share 0.051 | Quarterly Revenue Growth 0.148 | Return On Assets (0.07) | Return On Equity (0.12) |
The market value of Akso Health Group is measured differently than its book value, which is the value of Akso that is recorded on the company's balance sheet. Investors also form their own opinion of Akso Health's value that differs from its market value or its book value, called intrinsic value, which is Akso Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akso Health's market value can be influenced by many factors that don't directly affect Akso Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akso Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akso Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akso Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.