The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Asensus Surgical Inc (AMEX: ASXC) closed at $0.24 in the last session, up 1.08% from day before closing price of $0.24. In other words, the price has increased by $1.08 from its previous closing price. On the day, 0.68 million shares were traded. ASXC stock price reached its highest trading level at $0.254 during the session, while it also had its lowest trading level at $0.2411.
Ratios:
We take a closer look at ASXC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.31 and its Current Ratio is at 2.88. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.14.
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:
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 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 66334720 and an Enterprise Value of 50870880. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.72 while its Price-to-Book (P/B) ratio in mrq is 1.93. Its current Enterprise Value per Revenue stands at 5.931 whereas that against EBITDA is -0.684.
Stock Price History:
Over the past 52 weeks, ASXC has reached a high of $0.69, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -9.35%, while the 200-Day Moving Average is calculated to be -14.49%.
Shares Statistics:
According to the various share statistics, ASXC traded on average about 1.62M shares per day over the past 3-months and 968640 shares per day over the past 10 days. A total of 271.99M shares are outstanding, with a floating share count of 266.48M. Insiders hold about 2.02% of the company’s shares, while institutions hold 9.72% stake in the company. Shares short for ASXC as of 1713139200 were 16511511 with a Short Ratio of 10.16, compared to 1710460800 on 17009558. Therefore, it implies a Short% of Shares Outstanding of 16511511 and a Short% of Float of 6.17.
