American Oncology Network (NASDAQ:AONC) Shares Up 2.6% – Still a Buy?

American Oncology Network, Inc. (NASDAQ:AONC)’s stock price was up 2.6% on Wednesday . The stock traded as high as $4.29 and last traded at $4.29. Approximately 1,509 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 54,002 shares. The stock had previously closed at $4.18.

American Oncology Network Price Performance

The company’s 50-day moving average price is $3.47 and its 200 day moving average price is $2.82.

Institutional Investors Weigh In On American Oncology Network

A hedge fund recently bought a new stake in American Oncology Network stock. Diversified Trust Co acquired a new stake in American Oncology Network, Inc. (NASDAQ:AONC) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 21,618 shares of the company’s stock, valued at approximately $46,000.

About American Oncology Network

American Oncology Network, Inc, through its subsidiaries, provides oncology services in the United States. The company provides various services to patients, including laboratory services for routine and specialized testing; in-house professional and technical pathology services with complete, accurate and timely pathology reports; in-house specialty pharmacy services with patient education, financial assistance, and 24/7 patient assistance; and care management support services including nutrition guidance.