ASA stock: buy or sell?

ASA stock price: $13.31 3.74% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

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ASA Gold and Precious Metals boosted a great 3.74% and closed at $13.31.

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe.

Should I buy ASA stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with ASA Gold and Precious Metals stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ASA will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is ASA Gold and Precious Metals stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for ASA stock for the last month.

ASA stock analysis

Daily outlook

Shares of ASA Gold and Precious Metals closed today at $13.31 and boosted a great 3.74%.

ASA Gold and Precious Metals shares boosted 3.74% to $13.31 today. On May ASA price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since SMA50d and SMA100d crossed up on July, ASA price climbed $1.97 per share (17.37%).

ASA stock chart (daily)

Weekly outlook

ASA Gold and Precious Metals shares rose 3.74% this week, ending at $13.31. Early August ASA rocketed a phenomenal 5.13% in just one week.

ASA Gold and Precious Metals stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, ASA might consolidate in a flat-base, waiting to break out over or down under . Since price and SMA40w lines crossed up late May, ASA climbed $3.88 (41.15%). Since mid March when SMA20w and SMA40w crossed up, ASA price gained $3.10 per share (30.36%).

ASA stock chart (weekly)

ASA stock price history

ASA stock historical price chart

ASA stock reached 52-week highs on Aug 7th at $13.38, and all-time highs 2010-12-07 with a price of 33.99.

ASA stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for ASA Gold and Precious Metals stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since January, when ASA Gold and Precious Metals published its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
ASA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q42017-01-27n/a-0.02n/a
2017-Q12017-03-31n/a-0.03n/a
2017-Q22017-07-24n/an/an/a
2017-Q42018-01-26n/an/an/a
2018-Q1-n/an/an/a
2018-Q22018-09-28n/an/an/a
2018-Q3-n/an/an/a
2018-Q42019-01-28n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a spooky decrease of -1,050.12% to $-45.76 million dollars. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) boosted a 70.42% to 106.63%.

ASA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$2.21 M-$-27.78 M-1257.0%-
2015$1.66 M-24.89%$-60.28 M-3631.3%116.99%
2016$86 M5,108.63%$83 M96.3%-238.12%
2017$4.82 M-94.43%$1.74 M36.2%-97.91%
2018$-45.76 M-1,050.12%$-48.79 M106.6%-2,897.72%

Quarterly financial results

Reported quarter income marked $0.00 million with a profit margin of . Profit margin stayed constant a 0.00% compared to previous quarter when profit margin was nan%. When comparing turnover to same quarter last year, ASA Gold and Precious Metals sales marked a tight movement and stayed constant a nan%.
ASA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q4$0.54 M-$-16.65 M-3083.3%-
2017-Q2$0.92 M70.37%$17.30 M1880.4%-203.90%

ASA Gold and Precious Metals ownership

When you are planning to buy a company, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For ASA Gold and Precious Metals, 0.11% of all outstanding shares are owned by its staff.

In case of ASA Gold and Precious Metals stock, 32.94% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ASA stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

ASA
Market cap$256.7 M
Total shares19.3 M
Float shares19.2 M
  - Institutional holdings (%)32.9%
  - Insider holdings (%)0.1%
Shares in short selling0.0%

ASA summary

Friday, August 23rd, 2019
Open$12.85
Close$13.31
Day range$12.85 - $13.35
Previous close$12.83
Session gain3.74%
Average true range$0.35
50d mov avg$12.05
100d mov avg$10.93
200d mov avg$10.27
Daily pattern
Weekly pattern lt06a

ASA Gold and Precious Metals performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared ASA Gold and Precious Metals against in the following table:
Stock3m6m12m
ASAASA Gold and Prec...41.15%26.64%48.55%

ASA Gold and Precious Metals competitors

Unfortunately, we could not find any public company that could be defined as ASA Gold and Precious Metals competitor. This doesn't mean ASA Gold and Precious Metals does not have any competitor in the market, it's just we could not detected it.