Asset Entities Inc (NASDAQ: ASST) Increases 6.03% Over A Month, But Analysts Still See Upside Potential

Asset Entities Inc (NASDAQ:ASST) currently has a daily average trading volume of 11.21M but it saw 418057 shares traded in last market. With a market cap of 7.88M USD, the company’s current market price of $0.55 came falling about -0.11 while comparing to the previous closing price of $0.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.94 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.51 while lowest mark touched by it was $0.5903.

Taking a look at 20-day trading activity of Asset Entities Inc (ASST) gives us an average price of $0.5207, while its current price level is -86.13% below from 52-week high level whereas it is 63.16% 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 $0.5536 while that of 200 days or SMA-200 reads an average of $0.9456. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.94% during that period while stretching the period over a month that decreases to 14.12%. 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 52.52 which implies that the stock is in neutral territory.

Over the week, ASST’s stock price is moving 17.73% up while it is 6.03% when we observe its performance for the past one month. Year-to-date it is 11.44% up and over the past year, the stock is showing a downside performance of -73.66%.

Currently, Asset Entities Inc’s total number of outstanding shares is 14.41M. Company’s return on investment (ROI) stands at -231.40% and return on equity (ROE) at -224.00%. Stock’s beta reads 4.27. Stock has a price to book (P/B) ratio of 1.92 while price to sale or P/S ratio amounts to 12.51. Its return on asset (ROA) is -203.20% on average.