Ideas And Forecasts On Asset Entities Inc (NASDAQ: ASST)

Asset Entities Inc (NASDAQ:ASST) currently has a daily average trading volume of 6.06M but it saw 236892655 shares traded in last market. With a market cap of 110.84M USD, the company’s current market price of $7.69 came rising about 126.84 while comparing to the previous closing price of $3.39. 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.

Taking a look at 20-day trading activity of Asset Entities Inc (ASST) gives us an average price of $1.05, while its current price level is 95.18% below from 52-week high level whereas it is 2195.52% 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 $0.74 while that of 200 days or SMA-200 reads an average of $0.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 44.40% during that period while stretching the period over a month that decreases to 18.96%. 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 98.41 which implies that the stock is in overbought territory.

Over the week, ASST’s stock price is moving 1203.17% up while it is 1664.17% when we observe its performance for the past one month. Year-to-date it is 1467.79% up and over the past year, the stock is showing an upside performance of 312.89%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Asset Entities Inc’s total number of outstanding shares is 14.41M with 5.68% of that held by the insiders while 0.17% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -231.40% and return on equity (ROE) at -224.00%. Stock’s beta reads 4.48. Stock has a price to book (P/B) ratio of 27.07 while price to sale or P/S ratio amounts to 175.94. Its return on asset (ROA) is -203.20% on average.