Additionally, the 36-month beta value for AEI is 1.29. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AEI is 3.57M and currently, short sellers hold a 2.92% ratio of that float. The average trading volume of AEI on January 17, 2025 was 918.58K shares.
AEI) stock’s latest price update
Alset Inc (NASDAQ: AEI)’s stock price has dropped by -7.64 in relation to previous closing price of 0.85. Nevertheless, the company has seen a loss of -15.14% in its stock price over the last five trading days. globenewswire.com reported 2025-01-03 that BETHESDA, MD, Jan. 03, 2025 (GLOBE NEWSWIRE) — Alset Inc. (NASDAQ: AEI) (the “Company”), a diversified company engaged through its subsidiaries in the development of EHome communities and real estate, financial services, digital transformation technologies, biohealth activities and consumer products with operations in the United States, Singapore, Hong Kong and South Korea, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 1,500,000 shares of common stock at a purchase price of $1.00 per share.
AEI’s Market Performance
Alset Inc (AEI) has experienced a -15.14% fall in stock performance for the past week, with a -26.98% drop in the past month, and a -46.96% drop in the past quarter. The volatility ratio for the week is 8.64%, and the volatility levels for the past 30 days are at 21.51% for AEI. The simple moving average for the past 20 days is -19.61% for AEI’s stock, with a -27.87% simple moving average for the past 200 days.
AEI Trading at -28.86% from the 50-Day Moving Average
After a stumble in the market that brought AEI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.92% of loss for the given period.
Volatility was left at 21.51%, however, over the last 30 days, the volatility rate increased by 8.64%, as shares sank -13.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.49% lower at present.
During the last 5 trading sessions, AEI fell by -13.25%, which changed the moving average for the period of 200-days by +14.63% in comparison to the 20-day moving average, which settled at $0.9774. In addition, Alset Inc saw -23.04% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AEI starting from Chan Heng Fai Ambrose, who purchase 1,300,000 shares at the price of $0.45 back on Dec 24 ’24. After this action, Chan Heng Fai Ambrose now owns 12,687,954 shares of Alset Inc, valued at $585,000 using the latest closing price.
Chan Heng Fai Ambrose, the Director of Alset Inc, purchase 820,597 shares at $0.97 during a trade that took place back on Dec 10 ’24, which means that Chan Heng Fai Ambrose is holding 3,961,211 shares at $800,000 based on the most recent closing price.
Stock Fundamentals for AEI
Current profitability levels for the company are sitting at:
- -0.65 for the present operating margin
- 0.24 for the gross margin
The net margin for Alset Inc stands at -3.0. The total capital return value is set at -0.09. Equity return is now at value -38.86, with -30.93 for asset returns.
Based on Alset Inc (AEI), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -2.85. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -72.6.
Currently, EBITDA for the company is -0.8 million with net debt to EBITDA at 2.13. When we switch over and look at the enterprise to sales, we see a ratio of -0.37. The receivables turnover for the company is 142.42for trailing twelve months and the total asset turnover is 0.13.
Conclusion
In conclusion, Alset Inc (AEI) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
