For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Asset Entities Inc (NASDAQ: ASST) closed at $0.65 in the last session, down -0.31% from day before closing price of $0.65. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 0.97 million shares were traded. ASST stock price reached its highest trading level at $0.6796 during the session, while it also had its lowest trading level at $0.5921.
Ratios:
We take a closer look at ASST’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASST now has a Market Capitalization of 8843377 and an Enterprise Value of 165434. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.00 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 0.461.
Stock Price History:
The Beta on a monthly basis for ASST is 6.35, which has changed by -0.73947895 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. 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 9.12%, while the 200-Day Moving Average is calculated to be -49.91%.
Shares Statistics:
According to the various share statistics, ASST traded on average about 14.53M shares per day over the past 3-months and 19680850 shares per day over the past 10 days. A total of 5.93M shares are outstanding, with a floating share count of 4.23M. Insiders hold about 28.57% of the company’s shares, while institutions hold 0.40% stake in the company. Shares short for ASST as of 1730332800 were 23241 with a Short Ratio of 0.01, compared to 1727654400 on 16201. Therefore, it implies a Short% of Shares Outstanding of 23241 and a Short% of Float of 0.88.
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.
