Alset (NASDAQ:AEI) Stock Price Up 0.1% – Here’s Why

Alset Inc. (NASDAQ:AEI)’s stock price rose 0.1% during mid-day trading on Tuesday . The stock traded as high as $0.98 and last traded at $0.95. Approximately 10,011 shares traded hands during trading, a decline of 97% from the average daily volume of 305,004 shares. The stock had previously closed at $0.95.

Alset Price Performance

The company has a fifty day moving average of $0.91 and a 200-day moving average of $0.99. The firm has a market capitalization of $10.18 million, a PE ratio of -0.22 and a beta of 1.11.

Alset (NASDAQ:AEI) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.78) earnings per share (EPS) for the quarter. Alset had a negative return on equity of 42.91% and a negative net margin of 299.22%.

Insider Buying and Selling

In other Alset news, Director Heng Fai Ambrose Chan sold 180,000 shares of the firm’s stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $0.96, for a total transaction of $172,800.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 1,364,776 shares of company stock worth $1,012,666. Corporate insiders own 62.10% of the company’s stock.

Alset Company Profile

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.