Analyzing Ratios: Aspire Biopharma Holdings Inc (ASBP)’s Financial Story Unveiled

Ulysses Smith

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

The price of Aspire Biopharma Holdings Inc (NASDAQ: ASBP) closed at $0.1 in the last session, down -12.65% from day before closing price of $0.12. In other words, the price has decreased by -$12.65 from its previous closing price. On the day, 21.24 million shares were traded. ASBP stock price reached its highest trading level at $0.1197 during the session, while it also had its lowest trading level at $0.1004.

Ratios:

We take a closer look at ASBP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.17.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASBP now has a Market Capitalization of 14536840 and an Enterprise Value of 17961576. Its current Enterprise Value per Revenue stands at 9253.774.

Stock Price History:

The Beta on a monthly basis for ASBP is 0.82, which has changed by -0.9895013 over the last 52 weeks, in comparison to a change of 0.16623151 over the same period for the S&P500. Over the past 52 weeks, ASBP has reached a high of $15.80, while it has fallen to a 52-week low of $0.07. The 50-Day Moving Average of the stock is -33.77%, while the 200-Day Moving Average is calculated to be -69.73%.

Shares Statistics:

According to the various share statistics, ASBP traded on average about 29.03M shares per day over the past 3-months and 13749570 shares per day over the past 10 days. A total of 138.45M shares are outstanding, with a floating share count of 96.50M. Insiders hold about 30.30% of the company’s shares, while institutions hold 2.26% stake in the company. Shares short for ASBP as of 1765756800 were 13528238 with a Short Ratio of 0.47, compared to 1763078400 on 4698507. Therefore, it implies a Short% of Shares Outstanding of 13528238 and a Short% of Float of 11.75.

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