In the past week, ASST stock has gone up by 135.01%, with a monthly gain of 24.49% and a quarterly plunge of -57.61%. The volatility ratio for the week is 10.80%, and the volatility levels for the last 30 days are 13.55% for Asset Entities Inc The simple moving average for the last 20 days is 61.09% for ASST stock, with a simple moving average of -42.61% for the last 200 days.
Is It Worth Investing in Asset Entities Inc (NASDAQ: ASST) Right Now?
Moreover, the 36-month beta value for ASST is 7.13.
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The public float for ASST is 3.80M and currently, short sellers hold a 0.62% of that float. On December 09, 2024, ASST’s average trading volume was 629.94K shares.
ASST) stock’s latest price update
Asset Entities Inc (NASDAQ: ASST) has seen a rise in its stock price by 113.85 in relation to its previous close of 0.46. However, the company has experienced a 135.01% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-25 that DALLAS, Nov. 25, 2024 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced it has acquired the assets in the TikTok Shop space known as the TikTok Money Machine which includes its Discord community.
ASST Trading at 14.89% from the 50-Day Moving Average
After a stumble in the market that brought ASST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.39% of loss for the given period.
Volatility was left at 13.55%, however, over the last 30 days, the volatility rate increased by 10.80%, as shares sank -13.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -52.17% lower at present.
During the last 5 trading sessions, ASST rose by +68.00%, which changed the moving average for the period of 200-days by -71.86% in comparison to the 20-day moving average, which settled at $0.5965. In addition, Asset Entities Inc saw -69.22% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASST starting from Asset Entities Holdings, LLC, who proposed sale 250,000 shares at the price of $0.46 back on Dec 06 ’24. After this action, Asset Entities Holdings, LLC now owns shares of Asset Entities Inc, valued at $115,000 using the latest closing price.
Gaubert Michael, the Executive Chairman of Asset Entities Inc, sale 179,683 shares at $1.97 during a trade that took place back on Sep 12 ’24, which means that Gaubert Michael is holding 76,723 shares at $354,317 based on the most recent closing price.
Stock Fundamentals for ASST
Current profitability levels for the company are sitting at:
- -11.52 for the present operating margin
- 0.49 for the gross margin
The net margin for Asset Entities Inc stands at -11.53. The total capital return value is set at -2.56. Equity return is now at value -184.25, with -172.35 for asset returns.
Currently, EBITDA for the company is -4.93 million with net debt to EBITDA at 0.36. When we switch over and look at the enterprise to sales, we see a ratio of 5.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.46.
Conclusion
To wrap up, the performance of Asset Entities Inc (ASST) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
