ASA International Group (LON:ASAI) Shares Up 1.1% – What’s Next?

ASA International Group PLC (LON:ASAI) traded up 1.1% on Wednesday . The stock traded as high as GBX 271 and last traded at GBX 261.86. Approximately 82,163 shares traded hands during mid-day trading, an increase of 29% from the average daily volume of 63,846 shares. The stock had previously closed at GBX 259.

ASA International Group Trading Up 1.1%

The company has a quick ratio of 1.62, a current ratio of 0.86 and a debt-to-equity ratio of 260.90. The firm has a market cap of £256.12 million, a price-to-earnings ratio of 4.59 and a beta of 2.01. The business has a 50 day moving average price of GBX 236.11 and a 200-day moving average price of GBX 217.82.

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.