Market cap of Actelis Networks Inc [ASNS] reaches 8.97M – now what?

Actelis Networks Inc [NASDAQ: ASNS] gained 5.67% or 0.08 points to close at $1.49 with a heavy trading volume of 6274290 shares.

The daily chart for ASNS points out that the company has recorded 35.45% gains over the past six months.

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If we look at the average trading volume of 3.66M shares, ASNS reached to a volume of 6274290 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Actelis Networks Inc [ASNS]:

The Average True Range (ATR) for Actelis Networks Inc is set at 0.17, with the Price to Sales ratio for ASNS stock in the period of the last 12 months amounting to 1.49. The Price to Book ratio for the last quarter was 7.99, with the Price to Cash per share for the same quarter was set at 0.53.

Trading performance analysis for ASNS stock

Actelis Networks Inc [ASNS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.37. With this latest performance, ASNS shares gained by 19.20% in over the last four-week period, additionally plugging by 35.45% over the last 6 months – not to mention a rise of 7.70% 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 ASNS stock in for the last two-week period is set at 49.16, with the RSI for the last a single of trading hit 47.72, and the three-weeks RSI is set at 49.92 for Actelis Networks Inc [ASNS]. The present Moving Average for the last 50 days of trading for this stock 1.5628, while it was recorded at 1.4760 for the last single week of trading, and 1.1880 for the last 200 days.

Actelis Networks Inc [ASNS]: A deeper dive into fundamental analysis

Actelis Networks Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.68 and a Current Ratio set at 1.01.

An analysis of Institutional ownership at Actelis Networks Inc [ASNS]

There are presently around $0.97%, or 1.13%% of ASNS stock, in the hands of institutional investors.