The stock of Asset Entities Inc (NASDAQ:ASST) last traded at $1.12, up 5.66% from the previous session.
ASST stock price is now 92.01% away from the 50-day moving average and -18.41% away from the 200-day moving average. The market capitalization of the company currently stands at $12.94M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
In other news, Asset Entities Holdings, LLC, 10% Owner bought 250,000 shares of the company’s stock on Dec 06 ’24. The stock was bought for $115,000 at an average price of $0.46. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12 ’24, Executive Chairman Gaubert Michael sold 179,683 shares of the business’s stock. A total of $354,317 was realized by selling the stock at an average price of $1.97. This leaves the insider owning 76,723 shares of the company worth $85929.76. A total of 27.86% of the company’s stock is owned by insiders.
During the past 12 months, Asset Entities Inc has had a low of $0.34 and a high of $4.35. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 7.46, and a quick ratio of 7.46. The fifty day moving average price for ASST is $0.58338 and a two-hundred day moving average price translates $1.37277 for the stock.
The latest earnings results from Asset Entities Inc (NASDAQ: ASST) was released for 2024-06-30. The net profit margin was -1153.34% and return on equity was -184.25% for ASST. The company reported revenue of $0.2 million for the quarter, compared to $60000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 238.33 percent.