Up 27% this week, what’s with the Advanced Human Imaging (ASX:AHI) share price?

Why is Advanced Human Imaging impressing investors this week?
The post Up 27% this week, what’s with the Advanced Human Imaging (ASX:AHI) share price? appeared first on The Motley Fool Australia. –

The Advanced Human Imaging Ltd (ASX: AHI) share price is having an incredible run this week.

Shares are swapping hands at $1.10 at the time of writing, up 27.5% since the close of trade on Monday.

Advanced Human Imaging is a company developing human scanning technology for smartphones.

What’s the latest?

The Advanced Human Imaging share price was off and racing last week with no new news released.

The company listed on the Nasdaq in November, so let’s take a look at its recent performance on the United States exchange for more perspective.

Shares in the company’s US-listed ticker (NASDAQ: AHI) surged 36.2% on the first trading day of the week in the US to $6.02.

Also on Monday, the company informed investors it had accelerated the rollout of new technology as a result of the COVID-19 pandemic and the need for access to remote care.

The company has developed patented technology that enables people to check, track and assess health data using a smartphone “via the combining of body dimensions, body composition and vital signs”.

Advanced Human Imaging said it has improved its mobile-device risk assessment, advanced 2D-3D capturing and was now offering real-time personalised health data.

The company will also launch derma scanning on the skin using artificial intelligence at a Las Vegas technology conference in January 2022.

What did management say?

CEO Vlado Bosanac said:

We accelerated the rollout due to the increase we have seen in the telemedicine and telehealth industry due to the COVID-19 pandemic.

We are addressing an immediate need posed by incoming enquiries and new partner opportunities across the health, mHealth and insurance sector.

Advanced Human Imaging share price snapshot

It has been a bumpy ride for the company of late. The Advanced Human Imaging share price has lifted 10% in the past 12 months but is down around 14% this year to date.

In contrast, the benchmark S&P/ASX 200 Index (ASX: XJO) has returned nearly 10% in the past year.

The post Up 27% this week, what’s with the Advanced Human Imaging (ASX:AHI) share price? appeared first on The Motley Fool Australia.

Should you invest $1,000 in Advanced Human Imaging right now?

Before you consider Advanced Human Imaging , you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Advanced Human Imaging wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

The Advanced Human Imaging (ASX:AHI) share price is leaping 46%. Why?

What sent the Advanced Human Imaging (ASX:AHI) share price down 18% today?

Here’s why the Advanced Human Imaging (ASX:AHI) share price is frozen

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;

To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.

An active and funded account with a positive trading balance is required to continue to have access to the tools;

Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;

Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!