At the last check on Friday, Alset Inc.’s (NASDAQ:AEI) stock was up $0.01, moving up 3.18 percent to $0.23. The average number of shares traded per day over the past five days has been 950,643 shares. 5 times new highs have been achieved over the past 5 days, with a $0.0702 gain in that time frame. In the last twenty days, the average volume was 642,766, while in the previous 50 days, it was 680,534.
Since last month, AEI stock rose 4.91%. Shares of the company fell to $0.1532 on 11/16/22, the lowest level in the past month. A 52-week high of $1.61 was reached on 04/08/22 after having rallying from a 52-week low of $0.15. Since the beginning of this year, AEI’s stock price has dropped by -60.57% or -$0.3278, and marked a new high 4 times. However, the stock has declined by -85.90% since its 52-week high.
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AEI stock investors should be aware that Alset Inc. (AEI) stock had its last reported insider trading activity 3 days ago on Nov 22. Chan Heng Fai Ambrose, the Chief Executive Officer of the company, purchased of 300,000 shares for $0.19 on Nov 22. It resulted in a $57,120 investment by the insider. Chan Heng Fai Ambrose added 300,000 shares at an average price of $0.18 on Nov 21. The insider now owns 74,727,030 shares following the transaction. On Nov 18, Chief Executive Officer Chan Heng Fai Ambrose bought 300,000 shares at $0.17 apiece. The transaction was valued at $52,230.
In the recent quarter, Alset Inc.’s quick ratio stood at 24.80, while its current ratio was 24.80, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 36.70% percent. Based on annual data, AEI earned -$14.99 million in gross profit and brought in $19.8 million in revenue.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. AEI’s revenue fell -808.33% to $0.93 million during the quarter, while net income inched up to $0.72 million. During the quarter, the company generated -$1.54 million in EBITDA. The value of shareholders’ equity is $148.51 million.
This quick technical analysis looks at Alset Inc.’s (AEI) price momentum. With a historical volatility rate of 71.52%, the RSI 9-day stood at 75.00% on 23 November.
With respect to its five-day moving average, the current Alset Inc. price is up by +43.88% percent or $0.0702. At present, AEI shares trade +10.78% above its 20-day simple moving average and -17.19% percent below its 100-day simple moving average. However, the stock is currently trading approximately -12.80% below its SMA50 and -30.26% below its SMA200.
Stochastic coefficient K was 89.03% and Stochastic coefficient D was 83.59%, while ATR was 0.0214. Given the Stochastic reading of 88.71% for the 14-day period, the RSI (14) reading has been calculated as 65.07%. As of today, the MACD Oscillator reading stands at 0.0340, while the 14-day reading stands at 0.0354.
Alset Inc. (AEI) has been rated – by analysts. According to 0 brokerage firms, AEI is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Alset Inc. stock as buy, with 0 recommending it as overweight.