Avalon Globocare (OTCMKTS:AVCO) Trading 5% Higher

Shares of Avalon Globocare Corp (OTCMKTS:AVCO) traded up 5% during trading on Monday . The stock traded as high as $1.74 and last traded at $1.67, 124,900 shares traded hands during trading. A decline of 62% from the average session volume of 325,950 shares. The stock had previously closed at $1.59.

The firm’s 50 day simple moving average is $1.97 and its 200 day simple moving average is $2.43.

Avalon Globocare (OTCMKTS:AVCO) last posted its quarterly earnings results on Thursday, August 15th. The company reported ($0.06) EPS for the quarter. The business had revenue of $0.40 million for the quarter. Avalon Globocare had a negative return on equity of 81.16% and a negative net margin of 365.09%.

Several hedge funds and other institutional investors have recently modified their holdings of AVCO. Northern Trust Corp purchased a new position in shares of Avalon Globocare in the second quarter worth $47,000. Wells Fargo & Company MN purchased a new position in shares of Avalon Globocare in the second quarter worth $68,000. Bank of New York Mellon Corp purchased a new position in shares of Avalon Globocare in the second quarter worth $88,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Avalon Globocare in the second quarter worth $117,000. Finally, Susquehanna International Group LLP increased its stake in shares of Avalon Globocare by 42.4% in the second quarter. Susquehanna International Group LLP now owns 101,081 shares of the company’s stock worth $263,000 after buying an additional 30,092 shares during the period.

Avalon Globocare Company Profile (OTCMKTS:AVCO)

Avalon GloboCare Corp., together with its subsidiaries, engages in integrating and managing healthcare services and resources in the United States. It provides medical related consulting services and develops Avalon Cell and Avalon Rehab platforms that cover the areas of regenerative medicine, cell-based immunotherapy, and exosome technology.

Featured Article: Stock Selection – What is cash flow?

Receive News & Ratings for Avalon Globocare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avalon Globocare and related companies with MarketBeat.com's FREE daily email newsletter.