Asns a good buy
7/1/2024 10:50am
**Actelis Networks (ASNS) does not appear to be a good buy** based on the following analysis:
1. **Technical Indicators**: The stock's MACD is at 0.02, which is relatively low, indicating a potential trend reversal or consolidation. The RSI is at 69.37, suggesting the stock is overbought, which could lead to a pullback. The KDJ is at 61.72, which is near the oversold territory, indicating a potential buying opportunity. However, these indicators alone do not provide a clear picture and should be considered alongside other factors.
|Ticker|Name|RSI|MACD|KDJ|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|ASNS.O|Actelis Networks|69.3668|0.0227|61.7205|20240628|ASNS|186|
2. **Moving Averages**: The 5-day moving average is at 1.7, and the 10-day moving average is at 1.68, both above the 50-day moving average of 1. This could indicate a short-term upward trend, but it's important to note that the stock has been highly volatile recently.
|Ticker|Name|50-Day Moving Average|5-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|ASNS.O|Actelis Networks|0.9983|1.6960|1.6750|20240628|ASNS|186|
3. **Support and Resistance Levels**: The stock is currently trading near its support level of $0.87, which could be a point of interest if the stock were to fall further. However, the resistance level is at $2.27, which may cap any potential upside.
|Ticker|Name|Support Level (Narrow)|Resistance Level (Narrow)|Date|code|market_code|
|---|---|---|---|---|---|---|
|ASNS.O|Actelis Networks|0.8676302106218247|2.267769789378175|20240628|ASNS|186|
4. **Fundamental Analysis**: The company has a negative net profit margin of -273.55% and a negative ROE, which are red flags for profitability and efficiency. The EPS is -$0.5, indicating a loss per share. Free Cash Flow is positive at $1.11 million, which is a positive sign, but it may not be enough to offset the other negative financial metrics.
5. **Valuation Ratios**: The P/E ratio is -1.81, which is not meaningful due to the negative earnings. The P/S ratio is 3.98, which is relatively high, suggesting that the stock may be overvalued compared to its sales. The P/B ratio is -6.94, indicating that the company's book value is negative, which is not a good sign.
6. **Market Sentiment**: There is no available data on the average price target or consensus rating, which makes it difficult to gauge market sentiment. However, the net fund flow is negative at $-3.8 million, which could indicate selling pressure.
7. **Recent News**: The stock has experienced significant volatility due to a new partnership with Carahsoft Technology, which could be a positive for the company's growth. However, the stock has also seen a massive rally, which may have led to overexuberance and a potential pullback.
In conclusion, while there are some positive aspects, such as the recent partnership and positive free cash flow, the overall financial health of the company and the recent volatility in the stock price suggest caution. The negative net profit margin, negative ROE, and high P/S ratio indicate that the stock may not be a good buy at the current time. Investors should exercise caution and consider their risk tolerance before investing in ASNS.