Asset Entities Inc (ASST)’s Pretax Margin and Net Margin Explained

Asset Entities Inc [ASST] stock prices are up 15.15% to $0.53 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ASST shares have gain 4.96% over the last week, with a monthly amount drifted -22.79%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

The stock price of Asset Entities Inc [ASST] has been fluctuating between $0.34 and $4.35 over the past year. Asset Entities Inc [NASDAQ: ASST] shares were valued at $0.53 at the most recent close of the market.

Analyzing the ASST fundamentals

The Asset Entities Inc [NASDAQ:ASST] reported sales of 0.50M for trailing twelve months, representing a surge of 237.44%. 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 0.4747 points at the first support level, and at 0.4203 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5687, and for the 2nd resistance point, it is at 0.6083.

Ratios To Look Out For

It’s worth pointing out that Asset Entities Inc [NASDAQ:ASST]’s Current Ratio is 7.46. In addition, the Quick Ratio stands at 7.46 and the Cash Ratio stands at 7.05. Considering the valuation of this stock, the price to sales ratio is 9.49, the price to book ratio is 0.80.

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.

Related Posts