Summary
Akso Health Group (NASDAQ:AHG) Shares Gap Up – Still a Buy?
Akso Health Group Sponsored ADR (NASDAQ: AHG - Get Free Report)'s share price gapped up prior to trading on Friday. The stock had previously closed at $2.18, but opened at $2.3095. Akso Health Group shares last traded at $2.3560, with a volume of 6,723 shares. Wall Street Analysts Forecast Growth Separately, Weiss Ratings reissued a
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Akso Health Group Profile
| Financial Services Industry | Financials Sector | Yilin Wang CEO | NASDAQ (CM) Exchange | 98422P108 CUSIP |
| CN Country | 9 Employees | 24 Aug 2020 Last Dividend | 24 Aug 2020 Last Split | - IPO Date |
Overview
Akso Health Group, formerly known as Xiaobai Maimai Inc., rebranded itself in December 2021 and operates from its headquarters in Qingdao, China. Established in 2014, the company has grown to operate a social e-commerce mobile platform within the People's Republic of China. Its operations span across various sectors, primarily focusing on exploiting the social e-commerce market through its application, the Xiaobai Maimai App, which caters to a wide range of consumer needs from food and beverages to household appliances. Additionally, Akso Health Group has expanded its offerings into the medical device sector and health treatment services, marking its foray into the healthcare industry.
Products and Services
The array of products and services offered by Akso Health Group through its Xiaobai Maimai App and its health services division includes:
- Food and Beverage Products: Offers an assortment of culinary options catering to various tastes and preferences, nurturing a closer to home feeling for its users.
- Wine: Provides a selection of fine wines catering to enthusiasts and collectors, contributing to the gourmet experience of its clientele.
- Cosmetic Products: Features a range of cosmetic items catering to the beauty and personal care needs of its customers, enabling them to maintain their ideal aesthetic appeal.
- Fashion and Apparel: Offers trendy and stylish clothing options for all ages, supporting consumers in keeping up with the latest fashion statements.
- Entertainment Products: Supplies a variety of entertainment options to keep users engaged and entertained, fostering a lively community of consumers.
- Housewares: Provides a selection of household items that cater to the daily needs and comforts of home, enhancing the living experience of its users.
- Home Appliances: Features a range of essential appliances that contribute to the efficiency and convenience of modern living, aiding in the routine tasks of its consumers.
- Cost-saving Promotions at Petrol Gas Stations: Offers exclusive deals and promotions at partner petrol stations, providing value and savings to vehicle owners.
- Medical Devices: Sells crucial medical equipment, including defibrillators and anesthesia laryngoscopes, contributing to the medical and health safety needs of institutions and individuals.
- Health Treatment Services: Involved in providing health treatment services, thus addressing the wellbeing and medical requirements of its customers, marking a significant step towards comprehensive healthcare provision.
