At the time of writing, Asset Entities Inc [ASST] stock is trading at $0.47, down -10.23%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ASST shares have gain 21.24% over the last week, with a monthly amount drifted -16.82%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Asset Entities Inc fluctuated between $0.34 and $4.35. Asset Entities Inc [NASDAQ: ASST] shares were valued at $0.47 at the most recent close of the market.
Analyzing the ASST fundamentals
According to Asset Entities Inc [NASDAQ:ASST], the company’s sales were 0.50M for trailing twelve months, which represents an 237.44% jump. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at -11.52%, Pretax Profit Margin comes in at -11.53%, and Net Profit Margin reading is -11.53%. To continue investigating profitability, this company’s Return on Assets is posted at -2.27, Equity is -2.53 and Total Capital is -2.56.
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 0.4213 points at the first support level, and at 0.3769 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5051, and for the 2nd resistance point, it is at 0.5445.
Ratios To Look Out For
It is important to note that Asset Entities Inc [NASDAQ:ASST] has a current ratio of 7.46. Further, the Quick Ratio stands at 7.46, while the Cash Ratio is 7.05. Considering the valuation of this stock, the price to sales ratio is 7.49, the price to book ratio is 0.71.
Transactions by insiders
Recent insider trading involved Asset Entities Holdings, LLC, 10% Owner, that happened on Dec 06 ’24 when 0.25 million shares were purchased. Executive Chairman, Gaubert Michael completed a deal on Sep 12 ’24 to sell 0.18 million shares. Meanwhile, Executive Chairman Gaubert Michael sold 76723.0 shares on Sep 13 ’24.
