Asset Entities Inc (NASDAQ: ASST) Now -87.82% Off Its High ($4.35), Does Analysts See Headwinds And Risks?

Asset Entities Inc (NASDAQ:ASST) currently has a daily average trading volume of 3.67M but it saw 1286453 shares traded in last market. With a market cap of 4.75M USD, the company’s current market price of $0.53 came rising about 8.03 while comparing to the previous closing price of $0.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.35 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.4936 while lowest mark touched by it was $0.57.

Taking a look at 20-day trading activity of Asset Entities Inc (ASST) gives us an average price of $0.4868, while its current price level is -87.82% below from 52-week high level whereas it is 58.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6417 while that of 200 days or SMA-200 reads an average of $1.5314. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.07% during that period while stretching the period over a month that increases to 19.17%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.89 which implies that the stock is in neutral territory.

Over the week, ASST’s stock price is moving 18.89% up while it is 26.62% when we observe its performance for the past one month. Year-to-date it is 8.03% up and over the past year, the stock is showing a downside performance of -82.03%.

Currently, Asset Entities Inc’s total number of outstanding shares is 5.93M. Company’s return on investment (ROI) stands at -256.48% and return on equity (ROE) at -184.25%. Stock’s beta reads 6.43. Stock has a price to book (P/B) ratio of 0.80 while price to sale or P/S ratio amounts to 9.50. Its return on asset (ROA) is -172.35% on average.