ASA International Group (LON:ASAI) Stock Price Up 1.3% – What’s Next?

ASA International Group PLC (LON:ASAI) shares were up 1.3% on Wednesday . The company traded as high as GBX 234.30 and last traded at GBX 230. Approximately 79,291 shares changed hands during mid-day trading, an increase of 35% from the average daily volume of 58,922 shares. The stock had previously closed at GBX 227.

ASA International Group Trading Up 6.4%

The stock has a market capitalization of £244.52 million, a P/E ratio of 4.39 and a beta of 2.00. The business has a 50 day simple moving average of GBX 206.39 and a 200-day simple moving average of GBX 204.07. The company has a debt-to-equity ratio of 260.90, a quick ratio of 1.62 and a current ratio of 0.86.

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.