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After finishing at $0.61 in the prior trading day, Assertio Holdings Inc (NASDAQ: ASRT) closed at $0.61, up 0.38%. In other words, the price has increased by $0.38 from its previous closing price. On the day, 0.55 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ASRT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on July 26, 2024, initiated with a Buy rating and assigned the stock a target price of $3.
On July 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $4.
On November 07, 2022, Lake Street started tracking the stock assigning a Buy rating and target price of $7.Lake Street initiated its Buy rating on November 07, 2022, with a $7 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 18 ’24 when Mason Heather L bought 75,000 shares for $0.80 per share. The transaction valued at 60,000 led to the insider holds 287,650 shares of the business.
O’Grady Brendan P. bought 11,706 shares of ASRT for $9,950 on Nov 14 ’24. The CEO now owns 11,706 shares after completing the transaction at $0.85 per share. On Jun 11 ’24, another insider, Vacirca Jeff L, who serves as the Director of the company, bought 10,000 shares for $1.11 each. As a result, the insider paid 11,100 and bolstered with 151,159 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.48.
Stock Price History:
Over the past 52 weeks, ASRT has reached a high of $1.80, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is -11.12%, while the 200-Day Moving Average is calculated to be -36.31%.
Shares Statistics:
A total of 95.54M shares are outstanding, with a floating share count of 92.99M. Insiders hold about 2.91% of the company’s shares, while institutions hold 29.39% stake in the company.
