Assertio Holdings Inc. (NASDAQ:ASRT) went down by -0.18% from its latest closing price compared to the recent 1-year high of $1.45. The company’s stock price has collected -4.02% of loss in the last five trading sessions. Press Release reported on 04/22/21 that Assertio Holdings, Inc. to Report First Quarter 2021 Financial Results After the Close of Markets on Thursday, May 6, 2021
Is It Worth Investing in Assertio Holdings Inc. (NASDAQ :ASRT) Right Now?
Plus, the 36-month beta value for ASRT is at 1.49. Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for Assertio Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $1.55. ASRT currently public float of 171.00M and currently shorts hold a 2.18% ratio of that float. Today, the average trading volume of ASRT was 14.71M shares.
ASRT’s Market Performance
ASRT stocks went down by -4.02% for the week, with a monthly drop of -23.20% and a quarterly performance of -20.15%, while its annual performance rate touched -34.00%. The volatility ratio for the week stands at 8.23% while the volatility levels for the past 30 days are set at 9.39% for Assertio Holdings Inc.. The simple moving average for the period of the last 20 days is 0.64% for ASRT stocks with a simple moving average of -20.94% for the last 200 days.
ASRT Trading at -27.26% from the 50-Day Moving Average
After a stumble in the market that brought ASRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -62.13% of loss for the given period.
Volatility was left at 9.39%, however, over the last 30 days, the volatility rate increased by 8.23%, as shares sank -15.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.16% lower at present.
During the last 5 trading sessions, ASRT fell by -4.02%, which changed the moving average for the period of 200-days by -35.06% in comparison to the 20-day moving average, which settled at $0.5405. In addition, Assertio Holdings Inc. saw 53.55% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ASRT starting from CR Group L.P., who sale 1,982,851 shares at the price of $0.37 back on Dec 24. After this action, CR Group L.P. now owns 200,000 shares of Assertio Holdings Inc., valued at $730,086 using the latest closing price.
CR Group L.P., the 10% Owner of Assertio Holdings Inc., sale 6,784,334 shares at $0.37 during a trade that took place back on Dec 23, which means that CR Group L.P. is holding 2,182,851 shares at $2,540,733 based on the most recent closing price.
Stock Fundamentals for ASRT
Current profitability levels for the company are sitting at:
- +3.64 for the present operating margin
- +50.99 for the gross margin
The net margin for Assertio Holdings Inc. stands at -94.64. The total capital return value is set at 1.39, while invested capital returns managed to touch -43.42. Equity return is now at value -37.50, with -9.40 for asset returns.
Based on Assertio Holdings Inc. (ASRT), the company’s capital structure generated 617.99 points at debt to equity in total, while total debt to capital is 86.07. Total debt to assets is 67.94, with long-term debt to equity ratio resting at 476.34. Finally, the long-term debt to capital ratio is 66.34.
When we switch over and look at the enterprise to sales, we see a ratio of 1.76, with the company’s debt to enterprise value settled at 0.89. The receivables turnover for the company is 5.74 and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.56.