ASA International Group (LON:ASAI) Trading Down 1.6% – Here’s Why

Shares of ASA International Group PLC (LON:ASAI) dropped 1.6% during trading 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 were traded during trading, an increase of 224% from the average daily volume of 24,848 shares. The stock had previously closed at GBX 80 ($1.03).

ASA International Group Stock Performance

The company has a market cap of £100.09 million, a PE ratio of 0.21 and a beta of 1.69. The business’s 50-day moving average is GBX 87.95 and its 200 day moving average is GBX 77.42.

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.