ASA International Group (LON:ASAI) Shares Down 0.6% - Should You Sell?

Key Points

• ASA International Group's stock price decreased by 0.6% on Wednesday, closing at GBX 162 ($2.21).
• The company has a market cap of £159.39 million and a high price-to-earnings ratio of 558.62.
• As of December 31, 2023, ASA International serves 2.3 million clients across 13 countries, focusing on financial inclusion for low-income entrepreneurs, primarily women.

ASA International Group PLC (LON:ASAI - )'s stock price was down 0.6% on Wednesday . The company traded as low as GBX 153 ($2.09) and last traded at GBX 162 ($2.21). Approximately 37,070 shares traded hands during trading, an increase of 2% from the average daily volume of 36,428 shares. The stock had previously closed at GBX 163 ($2.22).

ASA International Group Trading Down 0.6%

The stock has a market cap of £159.39 million, a price-to-earnings ratio of 558.62 and a beta of 1.69. The stock's 50 day moving average is GBX 133.53 and its two-hundred day moving average is GBX 122.28.

About ASA International Group

ASA International is one of the world's largest international microfinance institutions, providing small, socially responsible financial services to low-income entrepreneurs, most of whom are women, across Asia and Africa. The company's purpose is to reduce poverty and enable female empowerment through its mission of enhancing socio-economic progress of low-income entrepreneurs by increasing financial inclusion. As at 31 December 2023, ASA International served 2.3m million clients in 13 countries, with 2,016 branches and 13,433 staff.

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