rts logo

Asensus Surgical Inc (ASXC) Stock Could Soon Reward Patient Investors

Asensus Surgical Inc (AMEX: ASXC) is 4.33% higher on its value in year-to-date trading and has touched a low of $0.20 and a high of $0.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ASXC stock was last observed hovering at around $0.33 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $0.33, the stock is 32.96% and 31.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.59 million and changing 0.21% at the moment leaves the stock 22.75% off its SMA200. ASXC registered -38.39% loss for a year compared to 6-month loss of 26.94%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 26.98% gain in the last 1 month and extending the period to 3 months gives it a 12.21%, and is 46.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.93% over the week and 5.37% over the month.

Asensus Surgical Inc (ASXC) has around 209 employees, a market worth around $90.60M and $8.72M in sales. Profit margin for the company is -902.25%. Distance from 52-week low is 63.09% and -48.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-451.74%).

The EPS is expected to grow by 20.00% this year.

Asensus Surgical Inc (ASXC) Top Institutional Holders

The shares outstanding are 272.33M, and float is at 266.83M with Short Float at 5.40%.

Asensus Surgical Inc (ASXC) Insider Activity

The most recent transaction is an insider purchase by Starling William N JR,the company’sDirector. SEC filings show that Starling William N JR bought 18,134 shares of the company’s common stock on Dec 14 ’23 at a price of $0.28 per share for a total of $5078.0. Following the purchase, the insider now owns 39134.0 shares.

Asensus Surgical Inc disclosed in a document filed with the SEC on Dec 14 ’23 that Starling William N JR (Director) sold a total of 18,134 shares of the company’s common stock. The trade occurred on Dec 14 ’23 and was made at $0.28 per share for $5078.0. Following the transaction, the insider now directly holds 0.0 shares of the ASXC stock.

Related Posts