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Asset Entities (NASDAQ:ASST) Trading 61.8% Higher - Time to Buy?

Asset Entities logo with Business Services background

Asset Entities Inc. (NASDAQ:ASST - Get Free Report)'s share price rose 61.8% during mid-day trading on Thursday . The company traded as high as $13.42 and last traded at $13.01. Approximately 37,407,441 shares traded hands during mid-day trading, an increase of 355% from the average daily volume of 8,217,074 shares. The stock had previously closed at $8.04.

Asset Entities Trading Up 61.8%

The stock's 50-day moving average price is $2.11 and its 200-day moving average price is $1.12. The company has a market capitalization of $187.51 million, a P/E ratio of -6.71 and a beta of 4.84.

Asset Entities (NASDAQ:ASST - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) earnings per share for the quarter. Asset Entities had a negative net margin of 1,150.80% and a negative return on equity of 252.93%.

About Asset Entities

(Get Free Report)

Asset Entities Inc, a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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