Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $0.58 in the prior trading day, Asset Entities Inc (NASDAQ: ASST) closed at $0.58, up 0.35%. In other words, the price has increased by $0.35 from its previous closing price. On the day, 2.31 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ASST by taking a closer 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 16.12 while its Price-to-Book (P/B) ratio in mrq is 0.88.
Stock Price History:
Over the past 52 weeks, ASST has reached a high of $4.35, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -1.78%, while the 200-Day Moving Average is calculated to be -56.74%.
Shares Statistics:
A total of 5.93M shares are outstanding, with a floating share count of 4.27M. Insiders hold about 27.86% of the company’s shares, while institutions hold 0.32% stake in the company.