The trading price of Actelis Networks Inc (NASDAQ:ASNS) closed higher on Friday, July 12, closing at $1.86, 10.71% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $4.60 and a 52-week low of $0.36. Over the past month, the stock has gained 32.86% in value.
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Actelis Networks Inc, whose market valuation is $11.20 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest ASNS has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that ASNS’s price is currently 12.28% off the SMA20 and 62.31% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.81, and weekly volatility stands at 11.39%. When measured over the past 30 days, the indicator reaches 18.27%. Actelis Networks Inc (NASDAQ:ASNS)’s beta value is currently sitting at 2.05, while the Average True Range indicator is currently displaying 0.33.
To see how Actelis Networks Inc stock has been performing in comparison to its peers in the industry, here are the numbers: ASNS stock’s performance was 10.71% in the latest trading, and -43.12% in the past year.
An evaluation of the daily trading volume of Actelis Networks Inc (NASDAQ:ASNS) indicates that the 3-month average is 4.82 million.
Currently, records show that 6.02 million of the company’s shares remain outstanding. The insiders hold 4.43% of outstanding shares, whereas institutions hold 5.80%. However, since the stock’s price has seen 66.07% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
