Asset Entities Inc [NASDAQ: ASST] gained 63.47% or 2.71 points to close at $6.98 with a heavy trading volume of 90883065 shares.
It opened the trading session at $4.65, the shares rose to $10.45 and dropped to $4.11, the range by which the price of stock traded the whole day. The daily chart for ASST points out that the company has recorded 1323.04% gains over the past six months.
If we look at the average trading volume of 14.38M shares, ASST reached to a volume of 90883065 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 Price to Book ratio for the last quarter was 22.19, with the Price to Cash per share for the same quarter was set at 0.25.
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 78.52. With this latest performance, ASST shares dropped by -9.82% in over the last four-week period, additionally plugging by 1323.04% over the last 6 months – not to mention a rise of 1323.04% in the past year of trading.
Asset Entities Inc [ASST]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Asset Entities Inc [ASST] shares currently have an operating margin of -982.37% and a Gross Margin at 73.22%. Asset Entities Inc’s Net Margin is presently recorded at -989.19%.
Return on Equity for this stock declined to -185.78%, with Return on Assets sitting at -185.78%.
An analysis of Institutional ownership at Asset Entities Inc [ASST]
There are presently around $0.79%, or 0.82% of ASST stock, in the hands of institutional investors.
