Now Is The Time To Build A Position In Actelis Networks Inc (NASDAQ: ASNS)

Actelis Networks Inc (NASDAQ:ASNS)’s traded shares stood at 0.54 million during the last session, with the company’s beta value hitting 1.96. At the close of trading, the stock’s price was $1.51, to imply an increase of 8.63% or $0.12 in intraday trading. The ASNS share’s 52-week high remains $4.60, putting it -204.64% down since that peak but still an impressive 76.16% since price per share fell to its 52-week low of $0.36. The company has a valuation of $9.44M, with an average of 1.15 million shares in intraday trading volume over the past 10 days and average of 637.68K shares over the past 3 months.

Actelis Networks Inc (NASDAQ:ASNS) trade information

After registering a 8.63% upside in the last session, Actelis Networks Inc (ASNS) has traded red over the past five days. The 5-day price performance for the stock is 11.85%, and 37.27% over 30 days. With these gigs, the year-to-date price performance is 12.69%. Short interest in Actelis Networks Inc (NASDAQ:ASNS) saw shorts transact 0.3 million shares and set a 1.02 days time to cover.

Actelis Networks Inc (ASNS) estimates and forecasts

Looking at statistics comparing Actelis Networks Inc share performance against respective industry, we note that the company has outperformed competitors. Actelis Networks Inc (ASNS) shares are -18.82% down over the last 6 months, with its year-to-date growth rate higher than industry average at 79.69% against 25.70%.

Revenue forecast for the current quarter as set by 1 analysts is 3M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 2.5M.

ASNS Dividends

Actelis Networks Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Actelis Networks Inc (NASDAQ:ASNS)’s Major holders

Actelis Networks Inc insiders hold 13.84% of total outstanding shares, with institutional holders owning 1.47% of the shares at 1.71% float percentage. In total, 1.47% institutions holds shares in the company.

We also have Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund as the top two Mutual Funds with the largest holdings of the Actelis Networks Inc (ASNS) shares. Going by data provided on Nov 30, 2024 , Fidelity Extended Market Index Fund holds roughly 27.15 shares. This is just over 0.43% of the total shares, with a market valuation of $40991.0. Data from the same date shows that the other fund manager holds a little less at 8.13, or 0.13% of the shares, all valued at about 12280.0.