Alibaba Health Information Technology Limited (OTC:ALBHF – Get Free Report) dropped 17.1% on Wednesday . The company traded as low as $0.34 and last traded at $0.34. Approximately 2,900 shares traded hands during trading, a decline of 38% from the average daily volume of 4,699 shares. The stock had previously closed at $0.40.
Alibaba Health Information Technology Stock Down 17.1 %
The firm has a 50 day moving average price of $0.39 and a two-hundred day moving average price of $0.41.
About Alibaba Health Information Technology
Alibaba Health Information Technology Limited, an investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong. It offers range of prescription drugs, over-the-counter drugs, nutritional supplements, medical devices, contact lenses, and various other health-related products through its online stores on Tmall.com and offline pharmacy outlets to business-to-customer and business-to-business customers; and pharmaceutical products, medical devices and healthcare products, health food, adult and family planning products, contact lenses, and medical and healthcare services through its e-commerce platform.
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