ASA stock: buy or sell?
January 17th, 2020
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?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we 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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is ASA Gold and Precious Metals stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for ASA stock for the last 30 days.
ASA stock analysis
ASA Gold and Precious Metals closed yesterday at $13.60 and remained constant a tiny 0.29%.
Shares of ASA Gold and Precious Metals closed yesterday at $13.60 and remained stable a tiny 0.29%. From a daily outlook perspective, ASA is drawing an uptrend of rising tops and rising bottoms. Since its last top on January/6 at $14.15, price slid and bounced up back from $13.17. Breaking down under $13.17 would cancel the current uptrend and it might slide further to test lower supports. Note that $14.15 might act as a resistance line. If ASA Gold and Precious Metals breakouts over $14.15 with average or higher volume, this would be a clear signal that the uptrend resumes. Since SMA50d and SMA100d crossed up on January 9th, ASA price climbed $0.11 per share (0.82%). Since price and SMA100d lines crossed up on December 11th, ASA climbed $1.10 (8.80%).
ASA Gold and Precious Metals shares stayed stable -0.07% this week, ending at $13.60. Late December 2019 ASA skyrocketed an astounding 6.11% in just one week.
ASA Gold and Precious Metals stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since late May 2019 when ASA stock price broke up the SMA40w line, it gained $4.18 (44.37%). By mid March 2019, SMA20w and SMA40w crossed up triggering a rise of 33.33%.
ASA stock price history
ASA stock historical price chart
ASA stock reached 52-week highs on January/6 at $14.15, and all-time highs 2010-12-07 with a price of 33.96.
ASA stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' ASA stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price target for ASA Gold and Precious Metals stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on January, ASA Gold and Precious Metals . As soon as we get its actual EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a dreadful decrease of -1,050.12% to $-45.76 M dollars. When comparing 2018 vs 2017, improving that, profit margin (that is, the net income divided by revenues) climbed a 70.42% to 106.63%.
|2014||$2.21 M||-||$-27.78 M-1257.0%||-|
|2015||$1.66 M||-24.89%||$-60.28 M-3631.3%||116.99%|
|2016||$86 M||5,108.63%||$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 resultsReported quarter earnings marked $0.00 M with a profit margin of . Profit margin remained constant a 0.00% compared to previous quarter when profit margin was nan%. When comparing revenues to same quarter last year, ASA Gold and Precious Metals sales marked a tight movement and remained stable a nan%.
|2016-Q4||$0.54 M||-||$-16.65 M-3083.3%||-|
|2017-Q2||$0.92 M||70.37%||$17.30 M1880.4%||-203.90%|
ASA Gold and Precious Metals ownershipWhen you are planning to invest in a stock, it's worth to check its ownership structure.
ASA Gold and Precious Metals shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.34% of all shares.
In case of ASA Gold and Precious Metals stock, 37.38% 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 context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$262.3 M|
|Total shares||19.3 M|
|Float shares||19.2 M|
|- Institutional holdings (%)||37.4%|
|- Insider holdings (%)||0.3%|
|Shares in short selling||0.0%|
|Friday, January 17th, 2020|
|Day range||$13.46 - $13.70|
|Average true range||$0.31|
|50d mov avg||$12.76|
|100d mov avg||$12.65|
|200d mov avg||$11.80|
ASA Gold and Precious Metals performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For ASA Gold and Precious Metals, the benchmark is made against .
|ASAASA Gold and Prec...||11.02%||10.12%||46.87%|