ASA International Group (LON:ASAI) Stock Price Up 1.3% – Here’s What Happened

ASA International Group PLC (LON:ASAI) shares rose 1.3% during trading on Wednesday . The company traded as high as GBX 234.30 and last traded at GBX 230. Approximately 79,291 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 58,922 shares. The stock had previously closed at GBX 227.

ASA International Group Stock Performance

The company has a debt-to-equity ratio of 260.90, a quick ratio of 1.62 and a current ratio of 0.86. The stock’s 50-day moving average is GBX 205.57 and its 200 day moving average is GBX 203.68. The firm has a market cap of £224.96 million, a P/E ratio of 4.04 and a beta of 2.00.

ASA International Group Company Profile

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.