Shares of Asset Entities Inc. (NASDAQ:ASST – Free Report) are going to reverse split before the market opens on Tuesday, July 2nd. The 1-5 reverse split was announced on Tuesday, July 2nd. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, July 2nd.
Asset Entities Stock Performance
Asset Entities stock traded up $0.01 during trading on Friday, reaching $0.38. The company had a trading volume of 470,857 shares, compared to its average volume of 524,553. Asset Entities has a 12-month low of $0.29 and a 12-month high of $1.97. The stock’s 50 day moving average price is $0.41 and its two-hundred day moving average price is $0.49. The firm has a market capitalization of $5.66 million, a price-to-earnings ratio of -0.99 and a beta of 8.58.
Asset Entities (NASDAQ:ASST – Get Free Report) last released its quarterly earnings data on Wednesday, May 15th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $0.13 million for the quarter. Asset Entities had a negative return on equity of 153.10% and a negative net margin of 1,538.71%.
Institutional Inflows and Outflows
About Asset Entities
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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