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The closing price of Asset Entities Inc (NASDAQ: ASST) was $0.56 for the day, up 11.35% from the previous closing price of $0.50. In other words, the price has increased by $11.35 from its previous closing price. On the day, 2.27 million shares were traded. ASST stock price reached its highest trading level at $0.6354 during the session, while it also had its lowest trading level at $0.51.
Ratios:
Our analysis of ASST’s different ratios will help us gain a deeper understanding of the company. 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:
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 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 4888389 and an Enterprise Value of 165434. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.07 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.461.
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 -9.00%, while the 200-Day Moving Average is calculated to be -62.53%.
Shares Statistics:
ASST traded an average of 3.78M shares per day over the past three months and 912470 shares per day over the past ten days. A total of 5.93M shares are outstanding, with a floating share count of 4.01M. Insiders hold about 32.26% of the company’s shares, while institutions hold 0.32% stake in the company. Shares short for ASST as of 1730332800 were 23241 with a Short Ratio of 0.16, compared to 1727654400 on 16201. Therefore, it implies a Short% of Shares Outstanding of 23241 and a Short% of Float of 0.88.
