ASA International Group (LON:ASAI) Shares Up 1.7% – Should You Buy?

ASA International Group PLC (LON:ASAI) rose 1.7% on Tuesday . The company traded as high as GBX 209.45 and last traded at GBX 207.52. Approximately 29,750 shares changed hands during trading, a decline of 48% from the average daily volume of 56,827 shares. The stock had previously closed at GBX 204.

ASA International Group Price Performance

The firm has a market cap of £204.18 million, a P/E ratio of 4.94 and a beta of 1.92. The firm’s 50-day moving average price is GBX 212.68 and its 200 day moving average price is GBX 191.20.

Insider Activity

In other ASA International Group news, insider Geert Embrechts purchased 5,500 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were bought at an average price of GBX 212 per share, with a total value of £11,660. Also, insider Rob Keijsers purchased 4,100 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were bought at an average price of GBX 210 per share, for a total transaction of £8,610. Company insiders own 3.28% of the company’s stock.

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.