ASA International Group (LON:ASAI) Shares Down 1.6% – What’s Next?

ASA International Group PLC (LON:ASAI)’s stock price dropped 1.6% on Monday . The stock traded as low as GBX 78.70 ($1.02) and last traded at GBX 78.70 ($1.02). Approximately 80,586 shares traded hands during mid-day trading, an increase of 224% from the average daily volume of 24,848 shares. The stock had previously closed at GBX 80 ($1.04).

ASA International Group Stock Performance

The firm’s 50 day moving average price is GBX 88.16 and its two-hundred day moving average price is GBX 77.42. The firm has a market cap of £110.64 million, a PE ratio of 0.23 and a beta of 1.69.

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.