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In the latest session, Asensus Surgical Inc (AMEX: ASXC) closed at $0.33 down -0.24% from its previous closing price of $0.34. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 3.08 million shares were traded. ASXC stock price reached its highest trading level at $0.338 during the session, while it also had its lowest trading level at $0.3278.
Ratios:
For a deeper understanding of Asensus Surgical Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.34.
On September 08, 2022, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $1.50.
On May 26, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $4.H.C. Wainwright initiated its Buy rating on May 26, 2021, with a $4 target price.
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 14 ’23 when Starling William N JR bought 18,134 shares for $0.28 per share. The transaction valued at 5,078 led to the insider holds 39,134 shares of the business.
Starling William N JR sold 18,134 shares of ASXC for $5,078 on Dec 14 ’23. The Director now owns 0 shares after completing the transaction at $0.28 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASXC now has a Market Capitalization of 91490128 and an Enterprise Value of 88643648. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.47 while its Price-to-Book (P/B) ratio in mrq is 6.99. Its current Enterprise Value per Revenue stands at 10.161 whereas that against EBITDA is -1.261.
Stock Price History:
The Beta on a monthly basis for ASXC is 1.38, which has changed by -0.36538464 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, ASXC has reached a high of $0.65, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is 18.68%, while the 200-Day Moving Average is calculated to be 22.05%.
Shares Statistics:
For the past three months, ASXC has traded an average of 2.27M shares per day and 2030780 over the past ten days. A total of 272.62M shares are outstanding, with a floating share count of 267.02M. Insiders hold about 2.05% of the company’s shares, while institutions hold 9.11% stake in the company. Shares short for ASXC as of 1718323200 were 11473282 with a Short Ratio of 5.04, compared to 1715731200 on 14397300. Therefore, it implies a Short% of Shares Outstanding of 11473282 and a Short% of Float of 4.3.
