Asset Entities Inc (NASDAQ: ASST) is -23.94% lower on its value in year-to-date trading and has touched a low of $0.87 and a high of $5.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ASST stock was last observed hovering at around $2.66 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $2.43, the stock is 77.64% and 62.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.57 million and changing -8.65% at the moment leaves the stock 8.76% off its SMA200. ASST registered -24.19% loss for a year compared to 6-month loss of -16.21%.
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The stock witnessed a 125.00% gain in the last 1 month and extending the period to 3 months gives it a -11.17%, and is -12.27% down 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 50.82% over the week and 27.17% over the month.
Asset Entities Inc (ASST) has around 11 employees, a market worth around $8.16M and $0.36M in sales. Profit margin for the company is -1575.35%. Distance from 52-week low is 179.31% and -52.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-269.53%).
7.0 institutions hold shares in Asset Entities Inc (ASST), with institutional investors hold 1.44% of the company’s shares. The shares outstanding are 3.36M, and float is at 1.24M with Short Float at 5.37%. Institutions hold 0.90% of the Float.
Asset Entities Inc (ASST) Insider Activity
The most recent transaction is an insider sale by Fairbanks Jackson, the company’s 10% Owner. SEC filings show that Fairbanks Jackson sold 10,866 shares of the company’s common stock on Sep 03 ’24 at a price of $2.31 per share for a total of $25111.0. Following the sale, the insider now owns 21734.0 shares.
Asset Entities Inc disclosed in a document filed with the SEC on Sep 03 ’24 that Fairbanks Kyle (Executive Vice-Chairman & CMO) sold a total of 13,333 shares of the company’s common stock. The trade occurred on Sep 03 ’24 and was made at $1.90 per share for $25333.0. Following the transaction, the insider now directly holds 26667.0 shares of the ASST stock.
Still, SEC filings show that on Sep 05 ’24, Krueger Matthew (Officer) Proposed Sale 13,200 shares at an average price of $2.38 for $31416.0. The insider now directly holds shares of Asset Entities Inc (ASST).
