ASA International Group (LON:ASAI) Stock Price Down 2% – Here’s What Happened

Shares of ASA International Group PLC (LON:ASAI) fell 2% during trading on Tuesday . The stock traded as low as GBX 192 and last traded at GBX 192. 54,011 shares traded hands during mid-day trading, an increase of 87% from the average session volume of 28,855 shares. The stock had previously closed at GBX 196.

ASA International Group Trading Down 2.0%

The company has a market cap of £188.91 million, a PE ratio of 4.57 and a beta of 1.69. The business has a 50 day simple moving average of GBX 189.46 and a two-hundred day simple moving average of GBX 167.98.

Insider Transactions at ASA International Group

In related news, insider Hanny Johanna Kemna acquired 80,000 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were acquired at an average cost of GBX 150 per share, for a total transaction of £120,000. Also, insider Rob Keijsers bought 2,251 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was bought at an average cost of GBX 175 per share, for a total transaction of £3,939.25. Over the last three months, insiders acquired 208,871 shares of company stock worth $31,585,525. 3.27% of the stock is owned by corporate insiders.

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.