Asset Entities Inc (NASDAQ:ASST) shares traded 29.76% higher at $2.66 on Wall Street last session.
ASST stock price is now 79.85% away from the 50-day moving average and 19.30% away from the 200-day moving average. The market capitalization of the company currently stands at $8.94M.
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In other news, Sarkhani Arshia, CEO and President sold 13,333 shares of the company’s stock on Aug 30 ’24. The stock was sold for $21,366 at an average price of $1.60. Upon completion of the transaction, the CEO and President now directly owns 26,667 shares in the company, valued at $70934.22. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 30 ’24, Chief Operating Officer Sarkhani Arman sold 10,866 shares of the business’s stock. A total of $18,957 was realized by selling the stock at an average price of $1.74. This leaves the insider owning 21,734 shares of the company worth $57812.44. A total of 62.91% of the company’s stock is owned by insiders.
During the past 12 months, Asset Entities Inc has had a low of $0.87 and a high of $5.10. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 6.05, and a quick ratio of 6.05. The fifty day moving average price for ASST is $1.47898 and a two-hundred day moving average price translates $2.229795 for the stock.
The latest earnings results from Asset Entities Inc (NASDAQ: ASST) was released for 2024-06-30. The net profit margin was -1575.35% and return on equity was -161.43% for ASST. The company reported revenue of $93000.0 for the quarter, compared to $75000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.0 percent.
