Analytical Overview: Asset Entities Inc (ASST)’s Ratios Tell a Financial Story

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

As of close of business last night, Asset Entities Inc’s stock clocked out at $5.97, down -14.84% from its previous closing price of $7.01. In other words, the price has decreased by -$14.84 from its previous closing price. On the day, 8.54 million shares were traded.

Ratios:

To gain a deeper understanding of ASST’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.26 and its Current Ratio is at 6.26. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 136.59 while its Price-to-Book (P/B) ratio in mrq is 21.02.

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 429.23%, while the 200-Day Moving Average is calculated to be 495.47%.

Shares Statistics:

A total of 14.41M shares are outstanding, with a floating share count of 12.64M. Insiders hold about 12.31% of the company’s shares, while institutions hold 0.15% stake in the company.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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