Asset Entities Inc (NASDAQ: ASST) is -86.54% lower on its value in year-to-date trading and has touched a low of $0.34 and a high of $4.35 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 $0.39 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $0.45, the stock is -7.42% and -36.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing 13.24% at the moment leaves the stock -71.90% off its SMA200. ASST registered -89.25% loss for a year compared to 6-month loss of -76.91%. The firm has a 50-day simple moving average (SMA 50) of $0.7127 and a 200-day simple moving average (SMA200) of $1.598145.
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The stock witnessed a -32.69% gain in the last 1 month and extending the period to 3 months gives it a -69.07%, and is 2.36% 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 20.13% over the week and 20.04% over the month.
Asset Entities Inc (ASST) has around 11 employees, a market worth around $4.52M and $0.50M in sales. Profit margin for the company is -1153.34%. Distance from 52-week low is 33.04% and -89.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-256.48%).
6.0 institutions hold shares in Asset Entities Inc (ASST), with institutional investors hold 1.17% of the company’s shares. The shares outstanding are 5.93M, and float is at 4.01M with Short Float at 15.34%. Institutions hold 0.93% of the Float.
Asset Entities Inc (ASST) Insider Activity
Asset Entities Inc disclosed in a document filed with the SEC on Sep 12 ’24 that Gaubert Michael (Executive Chairman) sold a total of 179,683 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $1.97 per share for $0.35 million. Following the transaction, the insider now directly holds 76723.0 shares of the ASST stock.
Still, SEC filings show that on Sep 13 ’24, Gaubert Michael (Executive Chairman) disposed off 76,723 shares at an average price of $1.55 for $0.12 million. The insider now directly holds 0 shares of Asset Entities Inc (ASST).
