Actelis Networks Inc (NASDAQ: ASNS): A Suicide Machine Or A Millionaire’s Dream?

In today’s recent session, 0.73 million shares of the Actelis Networks Inc (NASDAQ:ASNS) have been traded, and its beta is 1.97. Most recently the company’s share price was $1.43, and it changed around -$0.08 or -5.30% from the last close, which brings the market valuation of the company to $8.94M. ASNS at last check was trading at a discount to its 52-week high of $4.60, offering almost -221.68% off that amount. The share price’s 52-week low was $0.36, which indicates that the recent value has risen by an impressive 74.83% since then. We note from Actelis Networks Inc’s average daily trading volume that its 10-day average is 0.71 million shares, with the 3-month average coming to 642.06K.

Actelis Networks Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ASNS as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Actelis Networks Inc is expected to report earnings per share of 0 for the current quarter.

Actelis Networks Inc (NASDAQ:ASNS) trade information

Instantly ASNS has been showing red trend so far today with a performance of -5.30% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.6400 on recent trading dayincreased the stock’s daily price by 12.8%. The company’s shares are currently up 6.72% year-to-date, but still up 6.72% over the last five days. On the other hand, Actelis Networks Inc (NASDAQ:ASNS) is 33.64% up in the 30-day period. We can see from the shorts that 0.3 million shares have been sold at a short interest cover period of 1.02 day(s).

Actelis Networks Inc (ASNS) estimates and forecasts

Actelis Networks Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -8.33 percent over the past six months and at a 79.69% annual growth rate that is well above the industry average of 25.70%.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 3M in revenue for the current quarter. 1 analysts expect Actelis Networks Inc to make 2.5M in revenue for the current ending quarter.

ASNS Dividends

Actelis Networks Inc’s next quarterly earnings report is expected to be released in February.

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

Upon looking at major shareholders, it appears that insiders hold 13.84% of Actelis Networks Inc shares, and 1.47% of them are in the hands of institutional investors. The stock currently has a share float of 1.71%.

Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 27.15 shares worth $39297.0, making up 0.43% of all outstanding shares. On the other hand, Fidelity Total Market Index Fund held roughly 8.13 shares worth around $11773.0, which represents about 0.13% of the total shares outstanding.