Alert: Major Price Decline (8/5/24)-Antelope Enterprise Holdings Ltd (NASDAQ: AEHL).

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On 8/5/24, Antelope Enterprise Holdings Ltd (NASDAQ: AEHL) stock suffered a major decline of -10.4%, closing at $3.81. Moreover, trading volume in this decline was above average at 120% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -8.4% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be below the cost of capital, AEHL is expected to continue to be a modest Value Eraser.

Antelope Enterprise Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Antelope Enterprise Holdings has a very low Appreciation Score of 10 but a very high Power Rating of 88, resulting in the Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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