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.
Aspire Biopharma Holdings Inc (NASDAQ: ASBP) closed the day trading at $0.51 down -0.04% from the previous closing price of $0.51. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 0.67 million shares were traded. ASBP stock price reached its highest trading level at $0.5495 during the session, while it also had its lowest trading level at $0.5102.
Ratios:
For a better understanding of ASBP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.09.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASBP now has a Market Capitalization of 25342452 and an Enterprise Value of 33609628.
Stock Price History:
The Beta on a monthly basis for ASBP is 0.85, which has changed by -0.9548501 over the last 52 weeks, in comparison to a change of 0.18189907 over the same period for the S&P500. Over the past 52 weeks, ASBP has reached a high of $15.80, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 22.84%, while the 200-Day Moving Average is calculated to be -87.19%.
Shares Statistics:
Over the past 3-months, ASBP traded about 11.79M shares per day on average, while over the past 10 days, ASBP traded about 2553080 shares per day. A total of 49.53M shares are outstanding, with a floating share count of 39.39M. Insiders hold about 20.46% of the company’s shares, while institutions hold 4.13% stake in the company. Shares short for ASBP as of 1755216000 were 1287535 with a Short Ratio of 0.11, compared to 1752537600 on 2423847. Therefore, it implies a Short% of Shares Outstanding of 1287535 and a Short% of Float of 3.64.