Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Asset Entities Inc’s current trading price is -84.53% away from its 52-week high, while its distance from the 52-week low is 96.21%. The stock’s price range over this period has fluctuated between $0.34 and $4.25. The company, operating within the financial sector, had a trading volume of approximately 1.11 million for the day, which was noticeably lower than the average daily share volume of 14.44 million over the last 3 months.
Asset Entities Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $4.25 on 03/21/24 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 -7.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.14M 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 0.7414, with a change in price of -0.7527. Similarly, Asset Entities Inc recorded 8,986,141 in trading volume during the last 100 days, posting a change of -53.38%.
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
Today, Asset Entities Inc’s raw stochastic average for the past 50 days stands at 23.61%, indicating a rise from the raw stochastic average of the last 20 days, which was 22.47%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 14.04% and 10.81% respectively.
ASST Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 34.01%. However, over the past six months, we’ve seen a stronger performance of -31.36%. The price of ASST leaped by -51.67% over the last 30 days. And in the last five days, it has surged by 3.15%.
