In today’s recent session, 0.56 million shares of the Assertio Holdings Inc (NASDAQ:ASRT) have been traded, and its beta is 1.01. Most recently the company’s share price was $0.94, and it changed around $0.07 or 8.43% from the last close, which brings the market valuation of the company to $89.14M. ASRT at last check was trading at a discount to its 52-week high of $8.01, offering almost -752.13% off that amount. The share price’s 52-week low was $0.75, which indicates that the recent value has risen by an impressive 20.21% since then. We note from Assertio Holdings Inc’s average daily trading volume that its 3-month average coming to 909.99K.

Assertio Holdings Inc (NASDAQ:ASRT) trade information

Instantly ASRT has been showing a green trend so far today with a performance of 8.43% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -12.31% year-to-date, but still up 17.92% over the last five days. On the other hand, Assertio Holdings Inc (NASDAQ:ASRT) is -9.78% down in the 30-day period.

Assertio Holdings Inc (ASRT) estimates and forecasts

Assertio Holdings Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -58.85 percent over the past six months and at a -107.27% annual growth rate that is well below the industry average of 10.20%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 57.10% in revenue this quarter, and will report a decrease of -115.40% in the next quarter. The year-over-year growth rate is expected to be -22.80%, down from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $29.51 million in revenue for the current quarter. 2 analysts expect Assertio Holdings Inc to make $29.81 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $42.47 million and $39.83 million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -30.50%. Forecasts for the next quarter put sales growth at -25.20%.

Assertio Holdings Inc earnings are expected to increase by -121.82% in 2024, but the outlook is positive 25.00% per year for the next five years.