Analyzing ASST’s price-to-book ratio for the last quarter

In the current trading session, Asset Entities Inc’s (ASST) stock is trading at the price of $0.51, a gain of 10.92% over last night’s close. So, the stock is trading at a price that is -88.28% less than its 52-week high of $4.35 and 52.21% better than its 52-week low of $0.34. Based on the past 30-day period, the stock price is -50.98% below the high and +49.25% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, ASST’s SMA-200 is $1.5415.

It is also essential to consider ASST stock ratios like the price-to-sales ratio, which is 9.14 for the last year.ASST’s price to book ratio for the most recent quarter was 0.77, resulting in an 2.18 price to cash per share for the period.

How does Asset Entities Inc (ASST) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.

Asset Entities Inc (NASDAQ: ASST) Ownership Details

I will give a breakdown of the key shareholders in Asset Entities Inc (ASST). Recent figures show that the company’s insiders hold 20.00% of shares. A total of 6 institutional investors hold shares in the company, making 0.93% of its stock and 1.17% of its float.

Sep 30, 2024, it was reported that the Company’s largest institutional holder is HRT Financial LP holding total of 16.96 shares that make 0.22% of the company’s total number of shares and are currently priced at 8607.0.

The securities firm Headlands Technologies LLC holds 747.0 shares of ASST, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.01%, and the holding percentage of shares is valued at 379.0.

An overview of Asset Entities Inc’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Asset Entities Inc (ASST) traded 10,052,256 shares per day, with a moving average of $0.4823 and price change of +0.0815. With the moving average of $0.6519 and a price change of -0.6000, about 4,653,966 shares changed hands on average over the past 50 days. Finally, ASST’s 100-day average volume is 5,588,303 shares, alongside a moving average of $1.0513 and a price change of -0.4500.

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