Alset Inc (NASDAQ: AEI) Surprises Bears With Upbeat Outlook.

In the last trading session, 1.21 million shares of the Alset Inc (NASDAQ:AEI) were traded, and its beta was 1.30. Most recently the company’s share price was $1.26, and it changed around $0.42 or 49.89% from the last close, which brings the market valuation of the company to $10.68M. AEI currently trades at a discount to its 52-week high of $2.05, offering almost -62.7% off that amount. The share price’s 52-week low was $0.46, which indicates that the current value has risen by an impressive 63.49% since then. We note from Alset Inc’s average daily trading volume that its 10-day average is 0.1 million shares, with the 3-month average coming to 49.28K.

Alset Inc (NASDAQ:AEI) trade information

Instantly AEI has showed a green trend with a performance of 49.89% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.6500 on recent trading dayincreased the stock’s daily price by 23.64%. The company’s shares are currently up 22.25% year-to-date, but still up 25.92% over the last five days. On the other hand, Alset Inc (NASDAQ:AEI) is 4.07% up in the 30-day period. We can see from the shorts that 13018.0 shares have been sold at a short interest cover period of 0.27 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 10.31%.

AEI Dividends

Alset Inc’s next quarterly earnings report is expected to be released in January.

Alset Inc (NASDAQ:AEI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 66.75% of Alset Inc shares, and 2.42% of them are in the hands of institutional investors. The stock currently has a share float of 7.28%.