In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Asset Entities Inc (NASDAQ: ASST) closed the day trading at $0.52 up 3.54% from the previous closing price of $0.50. In other words, the price has increased by $3.54 from its previous closing price. On the day, 0.54 million shares were traded.
Ratios:
For a better understanding of ASST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.46 and its Current Ratio is at 7.46. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 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 14.41 while its Price-to-Book (P/B) ratio in mrq is 0.79.
Stock Price History:
Over the past 52 weeks, ASST has reached a high of $4.25, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -16.05%, while the 200-Day Moving Average is calculated to be -56.91%.
Shares Statistics:
A total of 13.90M shares are outstanding, with a floating share count of 11.92M. Insiders hold about 25.65% of the company’s shares, while institutions hold 0.12% stake in the company.
