Alibaba Health Information Technology (OTC:ALBHF) Shares Up 22.7% – Here’s Why

Alibaba Health Information Technology Limited (OTC:ALBHFGet Free Report)’s share price rose 22.7% on Wednesday . The stock traded as high as $0.45 and last traded at $0.45. Approximately 10,000 shares traded hands during trading, an increase of 116% from the average daily volume of 4,633 shares. The stock had previously closed at $0.37.

Alibaba Health Information Technology Stock Performance

The stock has a 50-day simple moving average of $0.47 and a 200-day simple moving average of $0.45.

About Alibaba Health Information Technology

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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. The company offers a range of prescription and over-the-counter drugs, nutritional supplements, medical devices, contact lenses, health food, adult and family planning products, healthcare and skincare products, and various other health-related products.

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