Alset Inc (NASDAQ: AEI): Retirees Don’t Worry About Volatility

Alset Inc (NASDAQ:AEI) currently has a daily average trading volume of 93.44K but it saw 1185471 shares traded in last market. With a market cap of 12.20M USD, the company’s current market price of $1.32 came rising about 13.79 while comparing to the previous closing price of $1.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.04 and as low as $0.46.

Taking a look at 20-day trading activity of Alset Inc (AEI) gives us an average price of $0.6858, while its current price level is -35.29% below from 52-week high level whereas it is 188.46% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6431 while that of 200 days or SMA-200 reads an average of $1.0375. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.16% during that period while stretching the period over a month that decreases to 13.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 90.59 which implies that the stock is in overbought territory.

Over the week, AEI’s stock price is moving 51.72% up while it is 143.99% when we observe its performance for the past one month. Year-to-date it is 28.16% up and over the past year, the stock is showing a downside performance of -27.07%.

Currently, Alset Inc’s total number of outstanding shares is 9.24M. Company’s return on investment (ROI) stands at -73.90% and return on equity (ROE) at -56.28%. Stock’s beta reads 1.02. Stock has a price to book (P/B) ratio of 0.15 while price to sale or P/S ratio amounts to 0.45. Its return on asset (ROA) is -49.02% on average.