Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Asset Entities Inc (NASDAQ: ASST) closed at $6.08 down -11.50% from its previous closing price of $6.87. In other words, the price has decreased by -$11.50 from its previous closing price. On the day, 5.57 million shares were traded.
Ratios:
For a deeper understanding of Asset Entities Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.72 and its Current Ratio is at 9.72. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 06 ’24 when Asset Entities Holdings, LLC bought 250,000 shares for $0.46 per share.
Gaubert Michael sold 179,683 shares of ASST for $354,317 on Sep 12 ’24. The Executive Chairman now owns 76,723 shares after completing the transaction at $1.97 per share. On Sep 13 ’24, another insider, Gaubert Michael, who serves as the Executive Chairman of the company, sold 76,723 shares for $1.55 each. As a result, the insider received 118,737 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 128.87 while its Price-to-Book (P/B) ratio in mrq is 19.33.
Stock Price History:
Over the past 52 weeks, ASST has reached a high of $8.92, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is 319.10%, while the 200-Day Moving Average is calculated to be 468.56%.
Shares Statistics:
A total of 13.41M shares are outstanding, with a floating share count of 12.64M. Insiders hold about 12.31% of the company’s shares, while institutions hold 0.41% stake in the company.
