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

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

ASA International Group Stock Performance

The stock has a 50-day simple moving average of GBX 80.74 and a 200-day simple moving average of GBX 74.21. The company has a market capitalization of £71.75 million, a price-to-earnings ratio of 512.50 and a beta of 1.69. The company has a current ratio of 1.25, a quick ratio of 1.62 and a debt-to-equity ratio of 366.20.

ASA International Group Company Profile

(Get Free Report)

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

Receive News & Ratings for ASA International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASA International Group and related companies with MarketBeat.com's FREE daily email newsletter.