ASA International Group (LON:ASAI) Trading Down 2.2% - Time to Sell?

ASA International Group PLC (LON:ASAI - Get Free Report) shares dropped 2.2% during mid-day trading on Tuesday . The stock traded as low as GBX 102.68 ($1.37) and last traded at GBX 102.68 ($1.37). Approximately 6,079 shares changed hands during trading, a decline of 80% from the average daily volume of 30,411 shares. The stock had previously closed at GBX 105 ($1.40).

ASA International Group Stock Down 2.2 %

The stock has a market cap of £130.58 million, a P/E ratio of 0.27 and a beta of 1.69. The business has a 50-day simple moving average of GBX 89.82 and a 200-day simple moving average of GBX 82.17.

ASA International Group Company Profile

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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