A new trading day began on Monday, with Actelis Networks Inc (NASDAQ: ASNS) stock price down -37.40% from the previous day of trading, before settling in for the closing price of $2.46. ASNS’s price has ranged from $2.41 to $17.80 over the past 52 weeks.
Annual sales at Technology sector company grew by 1.18% over the past five years. Meanwhile, its annual earnings per share averaged 28.82%. With a float of $1.67 million, this company’s outstanding shares have now reached $1.75 million.
Actelis Networks Inc (ASNS) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Communication Equipment Industry. The insider ownership of Actelis Networks Inc is 4.43%, while institutional ownership is 7.09%.
Actelis Networks Inc (ASNS) Performance Highlights and Predictions
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -2.6 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.82% per share during the next fiscal year.
Actelis Networks Inc (NASDAQ: ASNS) Trading Performance Indicators
Here are Actelis Networks Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.63, a number that is poised to hit -0.78 in the next quarter and is forecasted to reach -2.28 in one year’s time.
Technical Analysis of Actelis Networks Inc (ASNS)
Actelis Networks Inc (NASDAQ: ASNS) saw its 5-day average volume 0.3 million, a negative change from its year-to-date volume of 0.34 million. As of the previous 9 days, the stock’s Stochastic %D was 7.47%.
During the past 100 days, Actelis Networks Inc’s (ASNS) raw stochastic average was set at 0.42%, which indicates a significant decrease from 1.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.31 in the past 14 days, which was lower than the 0.63 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.32, while its 200-day Moving Average is $5.80. Nevertheless, the first resistance level for the watch stands at $1.84 in the near term. At $2.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.31. If the price goes on to break the first support level at $1.38, it is likely to go to the next support level at $1.21. Assuming the price breaks the second support level, the third support level stands at $0.91.
Actelis Networks Inc (NASDAQ: ASNS) Key Stats
With a market capitalization of 2.69 million, the company has a total of 1,748K Shares Outstanding. Currently, annual sales are 7,760 K while annual income is -4,370 K. The company’s previous quarter sales were 640 K while its latest quarter income was -1,980 K.
