Heng Fai Ambrose Chan Sells 180,000 Shares of Alset Inc. (NASDAQ:AEI) Stock

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan sold 180,000 shares of the business’s stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $0.96, for a total value of $172,800.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Heng Fai Ambrose Chan also recently made the following trade(s):

• On Wednesday, April 2nd, Heng Fai Ambrose Chan sold 884,776 shares of Alset stock. The shares were sold at an average price of $0.60, for a total value of $530,865.60.
• On Monday, March 31st, Heng Fai Ambrose Chan sold 300,000 shares of Alset stock. The stock was sold at an average price of $1.03, for a total value of $309,000.00.
• On Wednesday, February 12th, Heng Fai Ambrose Chan acquired 20,244 shares of Alset stock. The shares were bought at an average price of $1.07 per share, for a total transaction of $21,661.08.
• On Thursday, February 6th, Heng Fai Ambrose Chan bought 141,060 shares of Alset stock. The stock was bought at an average price of $0.99 per share, with a total value of $139,649.40.
• On Monday, January 27th, Heng Fai Ambrose Chan purchased 100,000 shares of Alset stock. The shares were bought at an average price of $0.93 per share, for a total transaction of $93,000.00.
• On Wednesday, January 22nd, Heng Fai Ambrose Chan acquired 50,000 shares of Alset stock. The stock was bought at an average price of $0.85 per share, with a total value of $42,500.00.

Alset Price Performance

Shares of NASDAQ:AEI opened at $0.83 on Friday. The stock has a market cap of $8.94 million, a price-to-earnings ratio of -0.19 and a beta of 1.11. Alset Inc. has a 12 month low of $0.46 and a 12 month high of $2.61. The stock’s 50 day moving average price is $0.95 and its 200 day moving average price is $1.13.

Alset (NASDAQ:AEI) last posted its quarterly earnings data on Monday, March 31st. The company reported $0.25 EPS for the quarter. The company had revenue of $8.94 million for the quarter. Alset had a negative return on equity of 42.91% and a negative net margin of 299.22%.

About Alset

Alset Inc engages in the real estate development, financial services, digital transformation technologies, biohealth activities, and consumer products businesses in the United States, Singapore, Hong Kong, Australia, and South Korea. It operates through four segments: Real Estate, Digital Transformation Technology, Biohealth, and Other Business Activities segments.