The stock of Asensus Surgical Inc (AMEX:ASXC) last traded at $0.33, down -0.78% from the previous session.
ASXC stock price is now 22.64% away from the 50-day moving average and 20.80% away from the 200-day moving average. The market capitalization of the company currently stands at $89.83M.
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On September 08, 2022, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $1.50, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, Starling William N JR, Director bought 18,134 shares of the company’s stock on Dec 14 ’23. The stock was bought for $5,078 at an average price of $0.28. Upon completion of the transaction, the Director now directly owns 39,134 shares in the company, valued at $12914.22. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 14 ’23, Director Starling William N JR sold 18,134 shares of the business’s stock. A total of $5,078 was realized by selling the stock at an average price of $0.28. A total of 2.02% of the company’s stock is owned by insiders.
During the past 12 months, Asensus Surgical Inc has had a low of $0.20 and a high of $0.65. As of last week, the company has a debt-to-equity ratio of 0.42, a current ratio of 1.00, and a quick ratio of 0.69. The fifty day moving average price for ASXC is $0.2698 and a two-hundred day moving average price translates $0.2728 for the stock.
The latest earnings results from Asensus Surgical Inc (AMEX: ASXC) was released for 2024-03-31. The net profit margin was -902.25% and return on equity was -169.75% for ASXC. The company reported revenue of $1.12 million for the quarter, compared to $0.98 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.06 percent.
