ASA International Group PLC (LON:ASAI – Get Free Report) shares shot up 4.3% on Thursday . The stock traded as high as GBX 79.50 ($0.97) and last traded at GBX 79.50 ($0.97). 8,716 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 19,951 shares. The stock had previously closed at GBX 76.25 ($0.93).
ASA International Group Stock Up 4.3 %
The firm has a market cap of £79.50 million, a price-to-earnings ratio of 567.86 and a beta of 1.69. The business’s 50-day moving average is GBX 73.04 and its 200-day moving average is GBX 77.54. The company has a debt-to-equity ratio of 366.20, a quick ratio of 1.62 and a current ratio of 1.25.
ASA International Group Cuts Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Thursday, December 12th were issued a dividend of $0.03 per share. This represents a dividend yield of 3.63%. The ex-dividend date of this dividend was Thursday, December 12th. ASA International Group’s payout ratio is 4,285.71%.
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.
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