Assertio Holdings Inc (ASRT) concluded trading on Thursday at a closing price of $0.95, with 3.12 million shares of worth about $2.97 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.85% during that period and on December 05, 2024 the price saw a loss of about -1.68%. Currently the company’s common shares owned by public are about 95.36M shares, out of which, 88.97M shares are available for trading.
Stock saw a price change of -3.23% in past 5 days and over the past one month there was a price change of -7.26%. Year-to-date (YTD), ASRT shares are showing a performance of -11.60% which decreased to -15.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.73 but also hit the highest price of $1.80 during that period. The average intraday trading volume for Assertio Holdings Inc shares is 638.70K. The stock is currently trading 1.06% above its 20-day simple moving average (SMA20), while that difference is down -8.65% for SMA50 and it goes to -14.03% lower than SMA200.
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Assertio Holdings Inc (NASDAQ: ASRT) currently have 95.36M outstanding shares and institutions hold larger chunk of about 31.11% of that.
The stock has a current market capitalization of $90.31M and its 3Y-monthly beta is at 0.76. It has posted earnings per share of -$0.72 in the same period. It has Quick Ratio of 1.57 while making debt-to-equity ratio of 0.38. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ASRT, volatility over the week remained 7.72% while standing at 9.65% over the month.
Stock’s fiscal year EPS is expected to drop by -128.73% while it is estimated to increase by 55.70% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Maxim Group on July 26, 2024 offering a Buy rating for the stock and assigned a target price of $3 to it. Coverage by H.C. Wainwright stated Assertio Holdings Inc (ASRT) stock as a Buy in their note to investors on July 03, 2024, suggesting a price target of $4 for the stock.
