Asset Entities (ASST) Stock Price, News & Analysis

Company Overview

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. It serves retail investors, creators, and influencers. Asset Entities Inc. was founded in 2020 and is based in Dallas, Texas. The company is a subsidiary of Asset Entities Holdings, Llc.

Key Stats

• Today's Range: $0.97 to $1.07
• 50-Day Range: $0.90 to $2.77
• 52-Week Range: $0.87 to $5.10
• Volume: 177,118 shs
• Average Volume: 1.77 million shs
• Market Capitalization: $3.01 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Asset Entities Stock Analysis - MarketRank™

Asset Entities scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Asset Entities.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Asset Entities is -0.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Asset Entities is -0.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Asset Entities has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.08% of the float of Asset Entities has been sold short.

Short Interest Ratio / Days to Cover

Asset Entities has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Asset Entities has recently decreased by 81.61%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Asset Entities does not currently pay a dividend.

Dividend Growth

Asset Entities does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.08% of the float of Asset Entities has been sold short.

Short Interest Ratio / Days to Cover

Asset Entities has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Asset Entities has recently decreased by 81.61%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.57

News Sentiment

Asset Entities has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Asset Entities this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for ASST on MarketBeat in the last 30 days. This is a decrease of -94% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Asset Entities to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Asset Entities insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $632,846.00 in company stock.

Percentage Held by Insiders

60.31% of the stock of Asset Entities is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 5.52% of the stock of Asset Entities is held by institutions.

ASST Stock Analysis - Frequently Asked Questions

How have ASST shares performed this year?

Asset Entities' stock was trading at $3.1950 at the beginning of 2024. Since then, ASST shares have decreased by 68.7% and is now trading at $1.00.
View the best growth stocks for 2024 here.

How were Asset Entities' earnings last quarter?

Asset Entities Inc. (NASDAQ:ASST) released its quarterly earnings results on Wednesday, August, 14th. The company reported ($0.58) earnings per share for the quarter. The firm had revenue of $0.09 million for the quarter. Asset Entities had a negative trailing twelve-month return on equity of 207.47% and a negative net margin of 1,574.65%.

When did Asset Entities' stock split?

Asset Entities shares reverse split on Tuesday, July 2nd 2024. The 1-5 reverse split was announced on Tuesday, July 2nd 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, July 2nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

When did Asset Entities IPO?

Asset Entities (ASST) raised $8 million in an IPO on Friday, February 3rd 2023. The company issued 1,500,000 shares at $5.00 per share.

How do I buy shares of Asset Entities?

Shares of ASST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Asset Entities own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Asset Entities investors own include Energy Transfer (ET), AST SpaceMobile (ASTS), Black Stone Minerals (BSM), Kinder Morgan (KMI), Main Street Capital (MAIN), Atlas Energy Solutions (AESI) and Chevron (CVX).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 10/15/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NASDAQ:ASST
• CUSIP: N/A
• CIK: 1920406
• Web: www.assetentities.com
• Phone: 214-459-3117
• Fax: N/A
• Employees: 11
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.90)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,930,000.00
• Net Margins: -1,574.65%
• Pretax Margin: -1,574.65%
• Return on Equity: -207.47%
• Return on Assets: -191.30%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.05
• Quick Ratio: 6.05

Sales & Book Value

• Annual Sales: $358,798.00
• Price / Sales: 8.39
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.01 per share
• Price / Book: 0.99

Miscellaneous

• Outstanding Shares: 3,009,000
• Free Float: 1,402,000
• Market Cap: $3.01 million
• Optionable: Not Optionable
• Beta: 8.38