The trading price of Asset Entities Inc (NASDAQ:ASST) floating higher at last check on current market day and closing at $2.22, 263.93% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $3.94 and a 52-week low of $0.34. Over the past month, the stock has gained 357.83% in value.
Asset Entities Inc, whose market valuation is $31.99 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest ASST has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that ASST’s price is currently 249.13% off the SMA20 and 287.73% off the SMA50. The RSI metric on the 14-day chart is currently showing 93.55, and weekly volatility stands at 7.22%. When measured over the past 30 days, the indicator reaches 11.49%. Asset Entities Inc (NASDAQ:ASST)’s beta value is currently sitting at 4.82, while the Average True Range indicator is currently displaying 0.17.
To see how Asset Entities Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: ASST stock’s performance was 263.93% at last check in today’s session, and 13.35% in the past year.
An evaluation of the daily trading volume of Asset Entities Inc (NASDAQ:ASST) indicates that the 3-month average is 978.40K.
Currently, records show that 14.41 million of the company’s shares remain outstanding. The insiders hold 12.31% of outstanding shares, whereasinstitutions hold 0.15%. However, since the stock’s price has seen 352.60% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
