ASA International Group (LON:ASAI) Trading 2.9% Higher – Here’s Why

ASA International Group PLC (LON:ASAI) traded up 2.9% during trading on Wednesday . The company traded as high as GBX 192.31 ($2.58) and last traded at GBX 192 ($2.57). 61,438 shares were traded during mid-day trading, an increase of 64% from the average session volume of 37,481 shares. The stock had previously closed at GBX 186.50 ($2.50).

ASA International Group Price Performance

The stock’s fifty day moving average price is GBX 155.82 and its 200-day moving average price is GBX 136.83. The firm has a market cap of £188.91 million, a price-to-earnings ratio of 457.14 and a beta of 1.69.

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.