ASAP Inc. (NASDAQ:ASAP) shares traded 4.12% higher at $0.34 on Wall Street last session.
In accordance with the data, 1 analysts cover ASAP Inc. (NASDAQ:ASAP). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $40.00 and a low of $40.00, we find $40.00. Given the previous closing price of $0.33, this indicates a potential upside of 12021.21 percent. ASAP stock price is now -80.11% away from the 50-day moving average and -91.95% away from the 200-day moving average. The market capitalization of the company currently stands at $3.47M.
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It has been rated a hold by 0 analysts and a buy by 1. Brokers who have rated the stock have averaged $40.00 as their price target over the next twelve months.
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In other news, Green Jonathan, Director sold 31,901 shares of the company’s stock on Dec 14. The stock was sold for $15,434 at an average price of $0.48. Upon completion of the transaction, the Director now directly owns 356,285 shares in the company, valued at $0.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13, Director Green Jonathan sold 8,149 shares of the business’s stock. A total of $4,270 was realized by selling the stock at an average price of $0.52. This leaves the insider owning 388,186 shares of the company worth $0.13 million. Insiders disposed of 3,490,601 shares of company stock worth roughly $1.19 million over the past 1 year. A total of 0.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ASAP stock. A new stake in ASAP Inc. shares was purchased by MILLENNIUM MANAGEMENT LLC during the first quarter worth $21,000. TWO SIGMA SECURITIES, LLC invested $4,000 in shares of ASAP during the first quarter. In the first quarter, SPIRE WEALTH MANAGEMENT acquired a new stake in ASAP Inc. valued at approximately $3,000. HARTLINE INVESTMENT CORP/ acquired a new stake in ASAP for approximately $1,000. MONTZ HARCUS WEALTH MANAGEMENT LLC purchased a new stake in ASAP valued at around $1,000 in the second quarter.
ASAP Inc. (NASDAQ: ASAP) opened at $0.3850 on Thursday. During the past 12 months, ASAP Inc. has had a low of $0.32 and a high of $16.39. As of last week, the company has a debt-to-equity ratio of 15.03, a current ratio of 1.00, and a quick ratio of 1.00. The fifty day moving average price for ASAP is $1.7019 and a two-hundred day moving average price translates $4.2040 for the stock.
The company reported revenue of $25.14 million for the quarter, compared to $43.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -42.14 percent.
