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

Antelope Enterprise Holdings L (NASDAQ:AEHL) shares are set to reverse split before the market opens 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%

Shares of NASDAQ AEHL traded down $0.02 during midday 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. The business’s 50 day moving average price is $0.90 and its two-hundred day moving average price is $2.07. Antelope Enterprise Holdings L has a fifty-two week low of $0.31 and a fifty-two week high of $50.52.

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

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Antelope Enterprise Holdings L

A hedge fund recently bought a new position in Antelope Enterprise Holdings L stock. Citadel Advisors LLC acquired a new position in shares of Antelope Enterprise Holdings L (NASDAQ:AEHL) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 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 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.