The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Asset Entities Inc’s current trading price is -89.29% away from its 52-week high, while its distance from the 52-week low is 39.04%. The stock’s price range for this period has been between $0.34 and $4.35 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 0.82 million for the day, a number notably lower than the average daily volume of 3.7 million over the last three months.
Asset Entities Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $4.35 on 02/05/24 and the lowest value was $0.34 on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Asset Entities Inc (ASST) has experienced a quarterly decline of -68.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.74M and boasts a workforce of 11 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0617, with a change in price of -0.6142. Similarly, Asset Entities Inc recorded 5,579,014 in trading volume during the last 100 days, posting a change of -56.87%.
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 ASST stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ASST Stock Stochastic Average
As of today, Asset Entities Inc’s raw stochastic average for the last 50 days stands at 15.12%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 19.09%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 20.70% and 18.02%, respectively.
ASST 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. Year to date metric has recorded a loss of -85.42%.However, over the last six months, we can see a stronger performance of -75.22%. Over the last 30 days, the price of ASST has leaped by -16.82%. And in the last five days, it has surged by 21.24%.
