Assertio Holdings Inc (NASDAQ: ASRT) started the day on Thursday, with a price decrease of -3.33% at $0.75, before settling in for the price of $0.78 at the close. Taking a more long-term approach, ASRT posted a 52-week range of $0.76-$8.01.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Healthcare sector firm’s twelve-monthly sales growth has been -7.51% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -121.82%. This publicly-traded company’s shares outstanding now amounts to $94.67 million, simultaneously with a float of $89.37 million. The organization now has a market capitalization sitting at $71.63 million. At the time of writing, stock’s 50-day Moving Average stood at $0.9064, while the 200-day Moving Average is $2.0567.
Assertio Holdings Inc (ASRT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Drug Manufacturers – Specialty & Generic Industry. Assertio Holdings Inc’s current insider ownership accounts for 5.92%, in contrast to 49.20% institutional ownership. According to the most recent insider trade that took place on Mar 14 ’24, this organization’s Director sold 10,251 shares at the rate of 1.12, making the entire transaction reach 11,463 in total value, affecting insider ownership by 188,251. Preceding that transaction, on Sep 12 ’23, Company’s President & CEO sold 31,121 for 2.97, making the whole transaction’s value amount to 92,432. This particular insider is now the holder of 324,939 in total.
Assertio Holdings Inc (ASRT) Earnings and Revenue Records
Assertio Holdings Inc’s EPS decrease for this current 12-month fiscal period is -121.82% and is forecasted to reach 0.01 in the upcoming year.
Assertio Holdings Inc (NASDAQ: ASRT) Trading Performance Indicators
Let’s observe the current performance indicators for Assertio Holdings Inc (ASRT). It’s Quick Ratio in the last reported quarter now stands at 1.43. The Stock has managed to achieve an average true range (ATR) of 0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.47. Similarly, its price to free cash flow for trailing twelve months is now 1.46.
In the same vein, ASRT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.97, a figure that is expected to reach -0.03 in the next quarter, and analysts are predicting that it will be 0.01 at the market close of one year from today.
Technical Analysis of Assertio Holdings Inc (ASRT)
If we take a close look at the recent performances of Assertio Holdings Inc (NASDAQ: ASRT), its last 5-days Average volume was 0.71 million that shows plunge from its year to date volume of 1.03 million. During the previous 9 days, stock’s Stochastic %D was recorded 3.83% While, its Average True Range was 0.0532.
Raw Stochastic average of Assertio Holdings Inc (ASRT) in the period of the previous 100 days is set at 0.39%, which indicates a major fall in contrast to 0.90% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 28.24% that was lower than 67.78% volatility it exhibited in the past 100-days period.
