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The closing price of Asensus Surgical Inc (AMEX: ASXC) was $0.34 for the day, down -0.24% from the previous closing price of $0.34. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 2.61 million shares were traded. ASXC stock price reached its highest trading level at $0.34 during the session, while it also had its lowest trading level at $0.3362.
Ratios:
Our analysis of ASXC’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 92171464 and an Enterprise Value of 89542336. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.57 while its Price-to-Book (P/B) ratio in mrq is 7.06. Its current Enterprise Value per Revenue stands at 10.264 whereas that against EBITDA is -1.274.
Stock Price History:
Over the past 52 weeks, ASXC has reached a high of $0.56, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is 12.63%, while the 200-Day Moving Average is calculated to be 21.72%.
Shares Statistics:
ASXC traded an average of 2.33M shares per day over the past three months and 1673060 shares per day over the past ten days. A total of 272.62M shares are outstanding, with a floating share count of 267.03M. Insiders hold about 2.05% of the company’s shares, while institutions hold 16.89% stake in the company. Shares short for ASXC as of 1719532800 were 11319234 with a Short Ratio of 4.87, compared to 1717113600 on 12911687. Therefore, it implies a Short% of Shares Outstanding of 11319234 and a Short% of Float of 4.24.
