Assertio Holdings Inc. (NASDAQ:ASRT) went up by 15.04% from its latest closing price compared to the recent 1-year high of $5.80. The company’s stock price has collected -1.74% of loss in the last five trading sessions. Press Release reported on 11/15/21 that Acura Pharmaceuticals Announces Third Quarter 2021 Financial Results
Is It Worth Investing in Assertio Holdings Inc. (NASDAQ :ASRT) Right Now?
Plus, the 36-month beta value for ASRT is at 1.64. Opinions of the stock are interesting as 1 analysts out of 1 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 $4.00, which is $2.59 above the current price. ASRT currently public float of 43.51M and currently shorts hold a 2.32% ratio of that float. Today, the average trading volume of ASRT was 940.94K shares.
ASRT’s Market Performance
ASRT stocks went down by -1.74% for the week, with a monthly jump of 38.73% and a quarterly performance of 36.06%, while its annual performance rate touched -16.73%. The volatility ratio for the week stands at 13.68% while the volatility levels for the past 30 days are set at 10.79% for Assertio Holdings Inc.. The simple moving average for the period of the last 20 days is 7.32% for ASRT stocks with a simple moving average of -23.35% for the last 200 days.
ASRT Trading at 29.65% 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 -75.60% of loss for the given period.
Volatility was left at 10.79%, however, over the last 30 days, the volatility rate increased by 13.68%, as shares surge +36.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.14% upper at present.
During the last 5 trading sessions, ASRT fell by -1.74%, which changed the moving average for the period of 200-days by -69.50% in comparison to the 20-day moving average, which settled at $1.3372. In addition, Assertio Holdings Inc. saw -1.08% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ASRT starting from Peisert Daniel A., who purchase 15,909 shares at the price of $1.54 back on May 20. After this action, Peisert Daniel A. now owns 89,655 shares of Assertio Holdings Inc., valued at $24,500 using the latest closing price.
Schwichtenberg Paul, the SVP and CFO of Assertio Holdings Inc., purchase 9,750 shares at $1.51 during a trade that took place back on May 20, which means that Schwichtenberg Paul is holding 23,530 shares at $14,762 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 -34.60, with -9.80 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 2.43, 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.