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ASAP Inc. (ASAP) Has A Bright Growth Prospects For 2023

ASAP Inc. (NASDAQ:ASAP) has a beta value of 0.58 and has seen 0.44 million shares traded in the last trading session. The company, currently valued at $5.92M, closed the last trade at $0.58 per share which meant it lost -$0.01 on the day or -1.42% during that session. The ASAP stock price is -2037.93% off its 52-week high price of $12.40 and 48.28% above the 52-week low of $0.30. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.7 million shares traded. The 3-month trading volume is 611.01K shares.

The consensus among analysts is that ASAP Inc. (ASAP) is a Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.

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ASAP Inc. (NASDAQ:ASAP) trade information

Sporting -1.42% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 01/24/23 when the ASAP stock price touched $0.58 or saw a rise of 13.42%. Year-to-date, ASAP Inc. shares have moved 67.13%, while the 5-day performance has seen it change -9.12%. Over the past 30 days, the shares of ASAP Inc. (NASDAQ:ASAP) have changed 45.40%.

Wall Street analysts have a consensus price target for the stock at $40.00, which means that the shares’ value could jump 98.55% from current levels. The projected low price target is $40.00 while the price target rests at a high of $40.00. In that case, then, we find that the current price level is -6796.55% off the targeted high while a plunge would see the stock gain -6796.55% from current levels.

ASAP Inc. (ASAP) estimates and forecasts

The company’s shares have lost -90.45% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 46.80% over the past 5 years. Earnings growth for 2023 is a modest -129.60% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.

ASAP Dividends

ASAP Inc. is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

investors to reap big returns again

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