For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Aspire Biopharma Holdings Inc (NASDAQ: ASBP) closed the day trading at $0.09 down -10.81% from the previous closing price of $0.1. In other words, the price has decreased by -$10.81 from its previous closing price. On the day, 24.08 million shares were traded. ASBP stock price reached its highest trading level at $0.094 during the session, while it also had its lowest trading level at $0.0822.
Ratios:
For a better understanding of ASBP, let’s look at its different ratios. 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 12335548 and an Enterprise Value of 16252689. Its current Enterprise Value per Revenue stands at 8373.358.
Stock Price History:
The Beta on a monthly basis for ASBP is 0.87, which has changed by -0.9913006 over the last 52 weeks, in comparison to a change of 0.12415576 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 $0.09. The 50-Day Moving Average of the stock is -65.92%, while the 200-Day Moving Average is calculated to be -82.88%.
Shares Statistics:
Over the past 3-months, ASBP traded about 34.94M shares per day on average, while over the past 10 days, ASBP traded about 40145150 shares per day. A total of 49.53M shares are outstanding, with a floating share count of 34.52M. Insiders hold about 30.30% of the company’s shares, while institutions hold 6.31% stake in the company. Shares short for ASBP as of 1763078400 were 4698507 with a Short Ratio of 0.13, compared to 1760486400 on 1798559. Therefore, it implies a Short% of Shares Outstanding of 4698507 and a Short% of Float of 5.58.
