Strive Inc [ASST] Revenue clocked in at $0.76 million, down -16.56% YTD: What’s Next?

Edison Baldwin

Strive Inc [NASDAQ: ASST] loss -7.29% on the last trading session, reaching $0.83 price per share at the time.

Strive Inc represents 635.34 million in outstanding shares, while the company has a total market value of $608.82 million with the latest information. ASST stock price has been found in the range of $0.8 to $0.9.

If compared to the average trading volume of 12.22M shares, ASST reached a trading volume of 38035817 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 Strive Inc [ASST]:

The Price to Book ratio for the last quarter was 5.17, with the Price to Cash per share for the same quarter was set at 0.00.

Trading performance analysis for ASST stock

Strive Inc [ASST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -46.34. With this latest performance, ASST shares dropped by -78.16% in over the last four-week period, additionally plugging by 52.65% over the last 6 months – not to mention a rise of 70.11% 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 27.39, with the RSI for the last a single of trading hit 0.3770, and the three-weeks RSI is set at 0.6310 for Strive Inc [ASST]. The present Moving Average for the last 50 days of trading for this stock 4.0080, while it was recorded at 0.9542 for the last single week of trading, and 3.0750 for the last 200 days.

Strive Inc [ASST]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Strive Inc [ASST] shares currently have an operating margin of -1005.67% and a Gross Margin at 65.48%. Strive Inc’s Net Margin is presently recorded at -1008.13%.

Strive Inc (ASST) Capital Structure & Debt Analysis

According to recent financial data for Strive Inc. ( ASST), the Return on Equity (ROE) stands at -316.64%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -265.20%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Strive Inc’s Return on Invested Capital (ROIC) is -285.34%, showcasing its effectiveness in deploying capital for earnings.

Strive Inc (ASST) Efficiency & Liquidity Metrics

Based on Strive Inc’s (ASST) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.

Strive Inc (ASST) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Strive Inc. (ASST) effectively leverages its workforce, generating an average of -$150196.08 per employee. The company’s liquidity position is robust, with a Current Ratio of 4.74% and a Quick Ratio of 4.74%, indicating strong ability to cover short-term liabilities.

An analysis of Institutional ownership at Strive Inc [ASST]

There are presently around $65.59%, or 65.97%% of ASST stock, in the hands of institutional investors. The top three institutional holders of ASST stocks are: GEODE CAPITAL MANAGEMENT, LLC with ownership of 33542.0 shares, which is approximately 0.2266%. STATE STREET CORP, holding 19600.0 shares of the stock with an approximate value of $$7370.0 in ASST stocks shares; and STATE STREET CORP, currently with $$3534.0 in ASST stock with ownership which is approximately 0.0635%.

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