Alset EHome International Inc. (NASDAQ: AEI) stock jumped 14.08% on Friday to $0.32 against a previous-day closing price of $0.28. With 1.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.07 million shares. During the session, the Real Estate – Development company that operates in wider Real Estate sector, reached to the highest price of $0.3300 whereas the lowest price it dropped to was $0.2749. The 52-week range on AEI shows that it touched its highest point at $3.42 and its lowest point at $0.25 during that stretch.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AEI was up-trending over the past week, with a rise of 16.55%, but this was up by 13.52% over a month. Three-month performance dropped to -14.74% while six-month performance fell -12.24%. The stock lost -84.35% in the past year, while it has lost -41.94% so far this year.
Float and Shares Shorts:
At present, 99.19 million AEI shares are outstanding with a float of 32.89 million shares on hand for trading. On Jul 14, 2022, short shares totaled 1.25 million, which was 1.10% higher than short shares on Jun 14, 2022. In addition to Mr. Heng Fai Chan as the firm’s Founder, CEO & Chairman, Mr. Tung Moe Chan BApSc, MBA, MEng serves as its Co-Chief Exec. Officer.
Through their ownership of 2.59% of AEI’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 29.73% of AEI, in contrast to 1.52% held by mutual funds. Shares owned by individuals account for 0.44%. As the largest shareholder in AEI with 0.81% of the stake, The Vanguard Group, Inc. holds 1,208,800 shares worth 1,208,800. A second-largest stockholder of AEI, Renaissance Technologies LLC, holds 830,621 shares, controlling over 0.56% of the firm’s shares. Geode Capital Management LLC is the third largest shareholder in AEI, holding 241,040 shares or 0.16% stake. With a 0.92% stake in AEI, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 1,041,111 shares are owned by the mutual fund manager. The Vanguard Extended Market Index Fu, which owns about 0.38% of AEI stock, is the second-largest Mutual Fund holder. It holds 432,045 shares valued at 0.13 million. Fidelity Extended Market Index Fu holds 0.12% of the stake in AEI, owning 131,025 shares worth 38521.0.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AEI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With AEI analysts setting a high price target of – and a low target of –, the average target price over the next 12 months is –.
Summary of Insider Activity:
Insiders traded AEI stock several times over the past three months with 1 Buys and 0 Sells. In these transactions, 35,319,290 shares were bought while 0 shares were sold. The number of buy transactions has increased to 10 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 61,269,957 while 0 shares were sold.