ASA International Group (LON:ASAI) Trading 4% Higher – Time to Buy?

ASA International Group PLC (LON:ASAIGet Free Report) was up 4% on Friday . The stock traded as high as GBX 72.52 ($0.95) and last traded at GBX 71.75 ($0.94). Approximately 1,465 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 24,797 shares. The stock had previously closed at GBX 69 ($0.90).

ASA International Group Price Performance

The company has a debt-to-equity ratio of 366.20, a current ratio of 1.25 and a quick ratio of 1.62. The company has a 50-day simple moving average of GBX 80.74 and a two-hundred day simple moving average of GBX 74.21. The stock has a market capitalization of £71.75 million, a price-to-earnings ratio of 512.50 and a beta of 1.69.

ASA International Group Company Profile

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ASA International Group PLC provides microfinancing services in Africa and Asia. The company offers various collateral-free loans, such as small business and small and midsize enterprise loans to start or grow businesses. It serves primarily low-income female micro-entrepreneurs. ASA International Group PLC was incorporated in 2007 and is headquartered in Amsterdam, the Netherlands.

Further Reading

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