Heng Fai Ambrose Chan Buys 1,300,000 Shares of Alset Inc. (NASDAQ:AEI) Stock

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan purchased 1,300,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The stock was bought at an average price of $0.45 per share, with a total value of $585,000.00. Following the transaction, the director now owns 12,687,954 shares of the company’s stock, valued at $5,709,579.30. This represents a 11.42 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Tuesday, December 10th, Heng Fai Ambrose Chan acquired 205,149 shares of Alset stock. The stock was bought at an average cost of $0.97 per share, with a total value of $198,994.53.
• On Monday, November 25th, Heng Fai Ambrose Chan bought 4,411,764 shares of Alset stock. The shares were bought at an average cost of $0.68 per share, for a total transaction of $2,999,999.52.

Alset Stock Up 0.5 %

AEI stock traded up $0.01 during trading on Thursday, hitting $0.92. The company had a trading volume of 16,285 shares, compared to its average volume of 66,871. The firm has a market capitalization of $8.45 million, a P/E ratio of -0.21 and a beta of 1.24. Alset Inc. has a 52-week low of $0.46 and a 52-week high of $2.05. The company has a 50 day simple moving average of $1.27 and a 200-day simple moving average of $1.24.

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.