Alset Inc (NASDAQ: AEI): Think Like A Lender, Not An Investor

Alset Inc (NASDAQ:AEI) currently has a daily average trading volume of 66.63K but it saw 1171177 shares traded in last market. With a market cap of 7.63M USD, the company’s current market price of $1.02 came falling about -19.00 while comparing to the previous closing price of $1.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.05 and as low as $0.46. In the recent trading on the day, stock has struck highest price mark of $0.961 while lowest mark touched by it was $1.155.

Taking a look at 20-day trading activity of Alset Inc (AEI) gives us an average price of $1.0626, while its current price level is -50.24% below from 52-week high level whereas it is 122.90% 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 $1.2478 while that of 200 days or SMA-200 reads an average of $1.0737. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.98% during that period while stretching the period over a month that decreases to 15.62%. 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 47.20 which implies that the stock is in neutral territory.

Over the week, AEI’s stock price is moving 9.63% up while it is -21.54% when we observe its performance for the past one month. Year-to-date it is -0.97% down and over the past year, the stock is showing a downside performance of -0.97%.

Currently, Alset Inc’s total number of outstanding shares is 9.24M. Company’s return on investment (ROI) stands at -45.88% and return on equity (ROE) at -38.86%. Stock’s beta reads 1.22. Stock has a price to book (P/B) ratio of 0.11 while price to sale or P/S ratio amounts to 0.58. Its return on asset (ROA) is -30.93% on average.