On Tuesday, Assertio Holdings Inc (NASDAQ: ASRT) opened higher 4.61% from the last session, before settling in for the closing price of $0.82. Price fluctuations for ASRT have ranged from $0.73 to $1.80 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -2.79%. Company’s average yearly earnings per share was noted -128.73% at the time writing. With a float of $92.76 million, this company’s outstanding shares have now reached $95.36 million.
Considering the fact that the conglomerate employs 53 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 61.85%, operating margin of -13.05%, and the pretax margin is -33.94%.
Assertio Holdings Inc (ASRT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The insider ownership of Assertio Holdings Inc is 2.84%, while institutional ownership is 30.79%. The most recent insider transaction that took place on Nov 18 ’24, was worth 60,000. In this transaction Director of this company bought 75,000 shares at a rate of $0.80, taking the stock ownership to the 287,650 shares. Before that another transaction happened on Nov 14 ’24, when Company’s CEO bought 11,706 for $0.85, making the entire transaction worth $9,950. This insider now owns 11,706 shares in total.
Assertio Holdings Inc (ASRT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -128.73% per share during the next fiscal year.
Assertio Holdings Inc (NASDAQ: ASRT) Trading Performance Indicators
Check out the current performance indicators for Assertio Holdings Inc (ASRT). In the past quarter, the stock posted a quick ratio of 1.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.65. Likewise, its price to free cash flow for the trailing twelve months is 4.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.72, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Assertio Holdings Inc (ASRT)
Compared to the last year’s volume of 0.43 million, its volume of 0.43 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 63.87%. Additionally, its Average True Range was 0.04.
During the past 100 days, Assertio Holdings Inc’s (ASRT) raw stochastic average was set at 13.48%, which indicates a significant decrease from 76.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.51% in the past 14 days, which was lower than the 60.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8720, while its 200-day Moving Average is $1.0859. Nevertheless, the first resistance level for the watch stands at $0.8893 in the near term. At $0.9208, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9593. If the price goes on to break the first support level at $0.8193, it is likely to go to the next support level at $0.7808. Now, if the price goes above the second support level, the third support stands at $0.7493.
Assertio Holdings Inc (NASDAQ: ASRT) Key Stats
There are currently 95,478K shares outstanding in the company with a market cap of 81.90 million. Presently, the company’s annual sales total 152,070 K according to its annual income of -331,940 K. Last quarter, the company’s sales amounted to 29,200 K and its income totaled -2,920 K.
