The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Assertio Holdings Inc’s current trading price is -89.20% away from its 52-week high, while its distance from the 52-week low is 15.22%. The stock’s price range for this period has been between $0.75 and $8.01 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.73 million for the day, a number notably lower than the average daily volume of 0.91 million over the last three months.
Assertio Holdings Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $8.01 on 05/11/23, while the lowest price for the same period was registered at $0.75 on 04/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Assertio Holdings Inc (ASRT) has experienced a quarterly decline of -0.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 82.20M and boasts a workforce of 53 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9458, with a change in price of -0.3247. Similarly, Assertio Holdings Inc recorded 1,061,408 in trading volume during the last 100 days, posting a change of -27.29%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ASRT stands at 0.30. Similarly, the long-term debt-to-equity ratio is also 0.29.
ASRT Stock Stochastic Average
Assertio Holdings Inc’s raw stochastic average for the past 50 days is presently 24.90%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 33.72%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.60% and 6.70%, respectively.
ASRT Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -19.13% this year. Over the last six months, there has been a stronger performance of -61.88%. The price of ASRT leaped by -17.59% during the last 30 days period. For the last 5-days stocks have improved 6.25%.
