Asset Entities Inc [NASDAQ: ASST] stock went on a downward path that fall over -21.80% on Tuesday, amounting to a one-week price increase of more than 24.89%.
Over the last 12 months, ASST stock rose by 263.56%.
The market cap for the stock reached $129.02 million, with 15.77 million shares outstanding and 13.92 million shares in the current float. Compared to the average trading volume of 12.88M shares, ASST stock reached a trading volume of 18213331 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Asset Entities Inc [ASST]:
The Average True Range (ATR) for Asset Entities Inc is set at 1.87, with the Price to Sales ratio for ASST stock in the period of the last 12 months amounting to 189.73. The Price to Book ratio for the last quarter was 26.00, with the Price to Cash per share for the same quarter was set at 0.27.
ASST Stock Performance Analysis:
Asset Entities Inc [ASST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.89. With this latest performance, ASST shares gained by 1266.07% in over the last four-week period, additionally plugging by 1171.57% over the last 6 months – not to mention a rise of 263.56% 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 59.21, with the RSI for the last a single of trading hit 56.18, and the three-weeks RSI is set at 60.80 for Asset Entities Inc [ASST]. The present Moving Average for the last 50 days of trading for this stock 2.46, while it was recorded at 9.49 for the last single week of trading, and 1.30 for the last 200 days.
Insight into Asset Entities Inc Fundamentals:
Asset Entities Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 9.72 and a Current Ratio set at 9.72.
