Antelope Enterprise Holdings L (NASDAQ:AEHL) Trading Down 3.5% – Time to Sell?

Antelope Enterprise Holdings L (NASDAQ:AEHL)’s stock price was down 3.5% during trading on Thursday . The stock traded as low as $0.8240 and last traded at $0.8679. 87,695 shares were traded during mid-day trading, a decline of 84% from the average session volume of 552,287 shares. The stock had previously closed at $0.8990.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Antelope Enterprise Holdings L in a research note on Wednesday, July 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Antelope Enterprise Holdings L presently has an average rating of “Sell”.

Antelope Enterprise Holdings L Stock Performance

The stock’s 50 day moving average is $1.44 and its two-hundred day moving average is $2.94. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.48 and a current ratio of 3.48.

Antelope Enterprise Holdings L (NASDAQ:AEHL) last issued its quarterly earnings results on Tuesday, June 30th. The company reported ($0.44) earnings per share (EPS) for the quarter. The company had revenue of $14.95 million for the quarter.

Hedge Funds Weigh In On Antelope Enterprise Holdings L

A hedge fund recently bought a new position in Antelope Enterprise Holdings L stock. Citadel Advisors LLC bought a new stake in Antelope Enterprise Holdings L (NASDAQ:AEHL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,428 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned about 1.01% of Antelope Enterprise Holdings L at the end of the most recent reporting period.

About Antelope Enterprise Holdings L

Antelope Enterprise Holdings Limited, through its subsidiaries, provides livestream e-commerce services and business management and information systems consulting services in the People's Republic of China. The company operates an online social ecommerce and live broadcast streaming platform enhances product promotion, transaction speed, and marketing effectiveness of industries and applications to anchors and influencers. It also provides business management consulting; and information system technology consulting services, including the sales of software use rights for digital data deposit platforms and asset management systems, and online social media platform development and consulting.