At the time of writing, Assertio Holdings Inc [ASRT] stock is trading at $1.12, up 2.75%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ASRT shares have gain 22.85% over the last week, with a monthly amount glided 38.48%, and seem to be holding up well over a long-time horizon.
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
Sponsored
From an analyst’s perspective:
Assertio Holdings Inc [NASDAQ: ASRT] stock has seen the most recent analyst activity on November 07, 2022, when Lake Street initiated its Buy rating and assigned the stock a price target of $7. Previously, Mizuho downgraded its rating to Neutral on November 30, 2018.
For the past year, the stock price of Assertio Holdings Inc fluctuated between $0.77 and $8.01. Assertio Holdings Inc [NASDAQ: ASRT] shares were valued at $1.12 at the most recent close of the market.
Analyzing the ASRT fundamentals
According to Assertio Holdings Inc [NASDAQ:ASRT], the company’s sales were 152.07M for trailing twelve months, which represents an -34.49% plunge. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at -1.36%, Pretax Profit Margin comes in at -1.67%, and Net Profit Margin reading is -2.18%. To continue investigating profitability, this company’s Return on Assets is posted at -1.16, Equity is -1.59 and Total Capital is -1.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0809 points at the first support level, and at 1.0417 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1396, and for the 2nd resistance point, it is at 1.1591.
Ratios To Look Out For
It is important to note that Assertio Holdings Inc [NASDAQ:ASRT] has a current ratio of 1.83. As well, the Quick Ratio is 1.43, while the Cash Ratio is 0.79. Considering the valuation of this stock, the price to sales ratio is 0.70, the price to book ratio is 0.77.
Transactions by insiders
Recent insider trading involved Tyree James L, Director, that happened on Mar 14 ’24 when 10251.0 shares were sold. President & CEO, Peisert Daniel A. completed a deal on Sep 12 ’23 to sell 31121.0 shares. Meanwhile, President & CEO Peisert Daniel A. sold 0.13 million shares on Sep 11 ’23.
