Asset Entities Inc [NASDAQ: ASST] loss -4.46% on the last trading session, reaching $1.07 price per share at the time.
If compared to the average trading volume of 11.17M shares, ASST reached a trading volume of 9774097 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 Asset Entities Inc [ASST]:
The Average True Range (ATR) for Asset Entities Inc is set at 0.21, with the Price to Sales ratio for ASST stock in the period of the last 12 months amounting to 28.49. The Price to Book ratio for the last quarter was 1.63, with the Price to Cash per share for the same quarter was set at 0.16.
Trading performance analysis for ASST stock
Asset Entities Inc [ASST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 130.36. With this latest performance, ASST shares gained by 171.85% in over the last four-week period, additionally sinking by -28.19% over the last 6 months – not to mention a drop of -51.95% 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 63.54, with the RSI for the last a single of trading hit 64.96, and the three-weeks RSI is set at 60.96 for Asset Entities Inc [ASST]. The present Moving Average for the last 50 days of trading for this stock 0.5888, while it was recorded at 1.1020 for the last single week of trading, and 1.3677 for the last 200 days.
Asset Entities Inc [ASST]: A deeper dive into fundamental analysis
Asset Entities Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.46 and a Current Ratio set at 7.46.
An analysis of Institutional ownership at Asset Entities Inc [ASST]
There are presently around $0.93%, or 1.17%% of ASST stock, in the hands of institutional investors.
