ASA stock: buy or sell?

ASA stock price: $13.60 0.29% At close on January 17th, 2020

Updated on:
January 17th, 2020

0

ASA Gold and Precious Metals shares remained steady 0.29% to $13.60 yesterday.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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 stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

Predicting 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 Share

After 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.
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 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%.

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 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%.
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 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:

ASA
Market cap$262.3 M
Total shares19.3 M
Float shares19.2 M
  - Institutional holdings (%)37.4%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

ASA summary

Friday, January 17th, 2020
Open$13.60
Close$13.60
Day range$13.46 - $13.70
Previous close$13.56
Session gain0.29%
Average true range$0.31
50d mov avg$12.76
100d mov avg$12.65
200d mov avg$11.80
Daily patternlb03a
Weekly pattern lt06a

ASA Gold and Precious Metals performance

Stocks 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 .
Stock3m6m12m
ASAASA Gold and Prec...11.02%10.12%46.87%

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.