Asset Entities Inc (NASDAQ: ASST) Becomes The New Buzzing Stock: Sports A Monthly Volatility Of 28.05%

Asset Entities Inc (NASDAQ:ASST) does about 5.28M shares in volume on a normal day but saw 1213181 shares change hands in the recent trading day. The company now has a market cap of 8.43M USD. Its current market price is $2.51, marking an increase of 5.02% compared to the previous close of $2.39. The 52 week high reached by this stock is $5.10 whilst the lowest price level in 52 weeks is $0.87.

Asset Entities Inc (ASST) has a 20-day trading average at $1.59 and the current price is -50.78% off the 52-week high compared with 188.51% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.53 and its 200-day simple moving average is $2.25. If we look at the stock’s price movements over the week, volatility stands at 40.19%, which decreases to 28.05% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 61.44 to suggest the stock is neutral.

The current price level is 66.37%, 65.51%, and 11.96% away from its SMA20, SMA50, and SMA200 respectively, with the ASST price moving below the 50-day SMA on current market day. Asset Entities Inc (ASST) stock is up 76.76% over the week and 164.21% over the past month. Its price is -21.44% year-to-date and -18.11% over the past year.

Outstanding shares total 3.36M with insiders holding 34.53% of the shares and institutional holders owning 0.90% of the company’s common stock. The company has a return on investment of -269.53% and return on equity of -161.43%. The beta has a value of 5.53. Price to book ratio is 3.61 and price to sales ratio is 23.43.