Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan Sells 180,000 Shares

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan sold 180,000 shares of Alset stock in a transaction on Friday, April 4th. The stock was sold at an average price of $0.96, for a total value of $172,800.00. The sale was disclosed in a filing with the SEC, which is available at this link.

Heng Fai Ambrose Chan also recently made the following trade(s):

• On Wednesday, April 2nd, Heng Fai Ambrose Chan sold 884,776 shares of Alset stock. The shares were sold at an average price of $0.60, for a total value of $530,865.60.
• On Monday, March 31st, Heng Fai Ambrose Chan sold 300,000 shares of Alset stock. The shares were sold at an average price of $1.03, for a total value of $309,000.00.
• On Wednesday, February 12th, Heng Fai Ambrose Chan purchased 20,244 shares of Alset stock. The stock was acquired at an average cost of $1.07 per share, for a total transaction of $21,661.08.
• On Thursday, February 6th, Heng Fai Ambrose Chan acquired 141,060 shares of Alset stock. The stock was acquired at an average price of $0.99 per share, with a total value of $139,649.40.
• On Monday, January 27th, Heng Fai Ambrose Chan bought 100,000 shares of Alset stock. The shares were bought at an average price of $0.93 per share, for a total transaction of $93,000.00.
• On Wednesday, January 22nd, Heng Fai Ambrose Chan acquired 50,000 shares of Alset stock. The shares were bought at an average price of $0.85 per share, for a total transaction of $42,500.00.

Alset Stock Performance

NASDAQ AEI traded down $0.09 during trading hours on Friday, hitting $0.83. The company had a trading volume of 71,768 shares, compared to its average volume of 306,468. The firm has a 50 day simple moving average of $0.95 and a 200 day simple moving average of $1.13. Alset Inc. has a 52 week low of $0.46 and a 52 week high of $2.61. The firm has a market capitalization of $8.94 million, a price-to-earnings ratio of -0.19 and a beta of 1.24.

Alset (NASDAQ:AEI) last issued its quarterly earnings data on Monday, March 31st. The company reported $0.25 EPS for the quarter. The company had revenue of $8.94 million during the quarter. Alset had a negative net margin of 299.22% and a negative return on equity of 42.91%.

About Alset

Alset Inc engages in the real estate development, financial services, digital transformation technologies, biohealth activities, and consumer products businesses in the United States, Singapore, Hong Kong, Australia, and South Korea. It operates through four segments: Real Estate, Digital Transformation Technology, Biohealth, and Other Business Activities segments.