The trading price of Alset EHome International Inc. (NASDAQ:AEI) floating higher at last check on Tuesday, Jun 08, closing at $4.61, 4.34% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $4.4300 and $5.1100. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 0. In examining the 52-week price action we see that the stock hit a 52-week high of $29.49 and a 52-week low of $3.4. Over the past month, the stock has suffered -45.05% in value.
To see how Alset EHome International Inc. stock has been performing today in comparison to its peers in the industry, here are the numbers: AEI stock’s performance was +4.34% at last check in today’s session, and 0% in the past year, while Brookfield Property Partners L (BPY) has been trading -0.16% in recent session and positioned +45.87% higher than it was a year ago. Another comparable company Howard Hughes Corp (HHC) saw its stock trading 0.98% higher in today’s session but was up +72.95% in a year. Furthermore, LGI Homes Inc (LGIH) showed an increase of 4.34% today while its price kept declining at 0% over the past year. Alset EHome International Inc. has a P/E ratio of 0, compared to Brookfield Property Partners L’s 0 and Howard Hughes Corp’s 183.13. Also during today’s trading, the S&P 500 Index has surged 0.01%, while the Dow Jones Industrial also saw a negative seesion, down -0.01% today.
An evaluation of the daily trading volume of Alset EHome International Inc. (NASDAQ:AEI) indicates that the 3-month average is 1.55 Million. However, this figure has increased over the past 10 days to an average of 5.05 Million.
Currently, records show that 8.58 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 81.42% of outstanding shares, whereas institutions hold 1.11%. The stats also highlight that short interest as of April 14, 2021, stood at 142.75 Million shares, resulting in a short ratio of 0.12 at that time. From this, we can conclude that short interest is 1.66% of the company’s total outstanding shares. It is noteworthy that short shares in April were up slightly from the previous month’s figure, which was 21.67 Million. However, since the stock’s price has seen -22.91% year-to-date, investors’ interest is likely to be reignited due to its potential to move higher ahead.