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

ASA International Group PLC (LON:ASAI) traded up 1.1% during trading on Wednesday . The company traded as high as GBX 271 and last traded at GBX 261.86. 82,163 shares changed hands during 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 Stock Performance

The stock’s fifty day moving average is GBX 236.11 and its two-hundred day moving average is GBX 217.82. The firm has a market capitalization of £256.12 million, a price-to-earnings ratio of 4.59 and a beta of 2.01. 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.