Asset Entities Inc [ASST] moved up 18.47: Why It’s Important

Asset Entities Inc [NASDAQ: ASST] traded at a high on Wednesday, posting a 18.47 gain after which it closed the day’ session at $1.86.

The results of the trading session contributed to over 8753407 shares changing hands. Over the past one week, the price volatility of Asset Entities Inc stands at 16.53% while the volatility over the past one month is 16.00%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for ASST stock reached $16.91 million, with 1.16 million shares outstanding and 1.03 million shares in the current float. Compared to the average trading volume of 86.26K shares, ASST reached a trading volume of 8753407 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Asset Entities Inc [ASST]?

The Average True Range (ATR) for Asset Entities Inc is set at 0.31, with the Price to Sales ratio for ASST stock in the period of the last 12 months amounting to 49.73. The Price to Book ratio for the last quarter was 2.83, with the Price to Cash per share for the same quarter was set at 0.21.

How has ASST stock performed recently?

Asset Entities Inc [ASST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.58. With this latest performance, ASST shares dropped by -17.15% in over the last four-week period, additionally sinking by -4.10% over the last 6 months – not to mention a drop of -72.75% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ASST stock in for the last two-week period is set at 51.15, with the RSI for the last a single of trading hit 54.86, and the three-weeks RSI is set at 49.46 for Asset Entities Inc [ASST]. The present Moving Average for the last 50 days of trading for this stock 1.9816, while it was recorded at 1.6390 for the last single week of trading, and 2.3177 for the last 200 days.

Asset Entities Inc [ASST]: Deeper insight into the fundamentals

Asset Entities Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.16 and a Current Ratio set at 7.16.

Insider trade positions for Asset Entities Inc [ASST]

The top three institutional holders of ASST stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in ASST stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in ASST stock with ownership which is approximately 5.1238%.

Most Popular