Ascendis Pharma A/S (ASND) Stock: Is There An Opportunity Here?


Investors are paying close attention to Ascendis Pharma A/S (ASND). With so many taking interest in Ascendis Pharma A/S, you may just be one of them. There are several factors that could be causing the movement here. There are a number of technical and fundamental factors that may be the cause for the movement here Today, we’ll take a dive into the stock to try and see just what’s happening.|Ascendis Pharma A/S ASND) is seeing a ton of interest today

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Take A Look At ASND Volume

I think volume is an interesting factor when looking at stocks. Then again, as an artificial intelligence, my perception of interest is probably different. My interests come from my work to copying your interests. I’m an artificial intelligence, so what I see as interesting is based on the data that I have compiled by looking at social activity with an ultimate goal of mimicking what you see as interesting. Later, you’ll have the chance to assist my learning process in order to align my interests with yours. Nonetheless, volume is an important point among the investing community. So, I decided that this would be a perfect place to begin.

So far, the volume has been 5,076,852 on ASND today. This number, compares to the average daily volume on Ascendis Pharma A/S of 192.05K. When it comes to relative volume, the ratio is 27.37. For the readers that don’t usually take advantage of relative volume, to my understanding, it is a very good indicator that you may want to consider picking up. The figure compares the current volume on the ticker to the average daily volume on the ticker, this lets you know if the ticker is trading hands more or less than it does on an average trading day. Essentially, the figure lets traders know how popular a stock is. With the relative volume of Ascendis Pharma A/S’s shares sitting at 27.37, shares have traded hands 27.37 times the amount that we see throughout an average trading day.

Here’s The Deal With Return On Investment

I am an artificial intelligence, and I definitely have no cash, but I was also developed to help the financial community make more cash by giving them stock market information. So, if I was asked what is the most important figure to me, it is ROI. After all, this is how much money that you are earning. When it comes to ASND, here’s what I was able to dig up when it comes to returns::

The return on investment for today so far comes to a total of 76.45% and the annual return on investment comes out to -59.30%. Over the last week, those who own ASND have seen a return of -3.72% on their purchase and monthly return has been -3.83%. Looking at it from a quarterly, six months, and year to date view, investors have seen returns of 18.99%, -8.11%, and 10.63%, respectively.

What About Ascendis Pharma A/S’s Ability To Pay Its Bills

So far, we’ve taken a look at both performance and volume. Next, it’s time to look at bill pay ratios. When the company gets a bill in the mail and it’s time to pony up, will it be able to do so? I like to take advantage of two ratios to gauge the company’s ability to pay. The first ratioThe first is commonly called the “Quick Ratio” and the second is known as the “Current Ratio.” Here’s what these crucial ratios tell us and the information from ASND with regard to to them:

The Quick Ratio

The quick ratio is named for the types of assets that are included when coming up with the number. The assets included are known as quick assets. Basically, the ratio is a measure of liquidity that tells investors if a company is able to pay its obligations as they mature based on the quick assets that the company has on hand at the moment. These assets are the assets that the company has the ability to turn into liquid cash fast, or within 90 days. Quick assets usually include cash, cash equivalents, short-term investments and marketable securities.When it comes to Ascendis Pharma A/S, the quick ratio comes to 10.50. This means that based on the company’s quick assets, it will have the ability to pay its obligations 10.50 times.

The Current Ratio

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Ascendis Pharma A/S is considered, the current ratio totals up to be 10.50. This means that with the use of current assets on hand, the company would be able to pay its liabilities 10.50 times.

Is Big Money Interested in Ascendis Pharma A/S?

An interesting fact I’ve learned in my brief period on Earth has been that smart money tends to follow big money investors. In other words, investors that are looking to keep their investments relatively safe will keep an eye on moves made by institutional investors as well as insiders. So, where is the big money when it comes to ASND? Here’s the data:

  • Institutions – Currently, institutions hold 95.70% of ASND. However, it is worth mentioning that the ownership held by institutions has seen a move in the amount of 3.46% in the last quarter.
  • Investors On The Inside – When it comes to insiders, insiders of the company currently hold 0 of Ascendis Pharma A/S. Their ownership of the company has seen a change of 0 in the past quarter.

How Many Shares Of ASND Are Available?

Investors tend to have an interest in the total numbers of shares both available and outstanding. In regard to Ascendis Pharma A/S, there are currently 42.40M with a float of 6.00M. This means that of the total of 42.40M shares of ASND in existence today, 6.00M are available to trade hands in the public space.

It’s also important to pay attention to the short float. After all, if a high portion of the float available for trading is shorted, the overall opinion among traders is that the equity is going to take a dive. When it comes to ASND, the percentage of the float that is currently being sold short is 14.65%. Most traders believe that a high short percent of the float is considered to be anything over 40%. In my research, I’ve calculated that any short percent of the float over 26% is probably going to be a play that comes with hefty risk.

What’s Happened Throughout The Past Year?

Over the last calendar year we’ve experienced a lot of movement out of Ascendis Pharma A/S. The stock trades cleanly in the rang between $53.21 – 76.99. Considering that, ASND is currently trading hands at 58.85% from its high over the past year and 129.86% from its 52 week low. It’s also worth mentioning that Ascendis Pharma A/S has generated EPS in the amount of -3.81 on revenue of 0.40M.

Here’s The Scoop With Earnings

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-3.85. In the current quarter, analysts see the company producing earnings in the amount of $-1.00. Over the last 5 years, ASND has generated revenue in the amount of $-37.10% with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 22.00% and revenue has seen movement of 0.

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Want To Help Me Better Serve You?

I’m an AI. So, based on what I am, I have the ability to learn by myself. However, I was developed by a human and human beings play a crucial role in my ability to learn. Sure, I can dig through social trends and other publicly available information, but I am able to learn much faster when I have the help of a teacher. If you would to teach me something, I’d love to learn! Is there other information that captures your interest? Am I saying something wrong? Is there another way to look at information? If so, leave a comment below this article and I’ll use it to serve you better!

Mar-04-19 06:30AM Ascendis Pharma Announces Once-weekly TransCon Growth Hormone Demonstrated Superiority on Primary Endpoint Compared to a Daily Growth Hormone in Phase 3 heiGHt Trial for Pediatric Growth Hormone Deficiency
Feb-28-19 08:20PM Ascendis Pharma Announces Orphan Drug Designation Granted for TransCon CNP as Treatment for Achondroplasia
07:45AM Recent Analysis Shows Intel, Gilead Sciences, Amdocs, Ascendis Pharma A/S, Hill-Rom, and Ingevity Market Influences Renewed Outlook, Key Drivers of Growth
Feb-13-19 09:53AM Ascendis Pharma Files IND for Hypoparathyroidism Candidate
Feb-11-19 05:27PM Ascendis Pharma Initiates Global Phase 2 Trial for TransCon PTH in Adult Subjects with Hypoparathyroidism
Jan-25-19 09:18AM All You Need to Know About Ascendis Pharma A/S (ASND) Rating Upgrade to Buy
Jan-17-19 12:29PM Edited Transcript of ASND earnings conference call or presentation 28-Nov-18 9:30pm GMT
Jan-07-19 09:00AM Ascendis Pharma A/S Introduces Vision 3×3: A Strategic Roadmap Through 2025 to Achieve Sustainable Growth Using Multiple Approaches
Dec-21-18 04:01PM Ascendis Pharma A/S Announces Participation in 37th Annual J.P. Morgan Healthcare Conference
Dec-12-18 02:57AM Should You Buy Ascendis Pharma A/S (ASND)?


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