Antelope Enterprise Holdings L Stock Set to Reverse Split on Monday, August 10th (NASDAQ:AEHL)

Shares of Antelope Enterprise Holdings L (NASDAQ:AEHL) are set to reverse split on Monday, August 10th. The 1-16 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, August 9th.

Antelope Enterprise Holdings L Stock Down 7.2%

Antelope Enterprise Holdings L stock traded down $0.02 during mid-day trading on Thursday, reaching $0.31. The company’s stock had a trading volume of 797,112 shares, compared to its average volume of 10,692,948. The company has a quick ratio of 3.48, a current ratio of 3.48 and a debt-to-equity ratio of 0.02. Antelope Enterprise Holdings L has a 12 month low of $0.31 and a 12 month high of $50.52. The business’s 50 day simple moving average is $0.90 and its 200 day simple moving average is $2.07.

Antelope Enterprise Holdings L (NASDAQ:AEHL) last issued its quarterly earnings results on Tuesday, June 30th. The company reported ($0.45) earnings per share (EPS) for the quarter. The business had revenue of $14.95 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Antelope Enterprise Holdings L in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Antelope Enterprise Holdings L

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

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.