Actelis Networks (NASDAQ:ASNS) Coverage Initiated at Litchfield Hills Research

Litchfield Hills Research assumed coverage on shares of Actelis Networks (NASDAQ:ASNS) in a report published on Monday, Marketbeat.com reports. The firm issued a buy rating and a $5.00 price objective on the stock. Litchfield Hills Research also issued estimates for Actelis Networks’ Q4 2024 earnings at ($0.02) EPS, FY2024 earnings at ($0.53) EPS, Q1 2025 earnings at ($0.07) EPS, Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at ($0.09) EPS.

Actelis Networks Price Performance

ASNS stock opened at $1.15 on Monday. The company has a market cap of $7.19 million, a P/E ratio of -0.92 and a beta of 2.02. The business has a 50 day simple moving average of $1.25. Actelis Networks has a 1-year low of $0.36 and a 1-year high of $4.60. The company has a quick ratio of 0.96, a current ratio of 1.42 and a debt-to-equity ratio of 0.05.

Actelis Networks Company Profile

Actelis Networks, Inc engages in the design, development, manufacture, and marketing of cyber hardened, hybrid fiber, networking solutions for Internet of Things and telecommunication companies in North America, Europe, the Middle East, Israel, and the Asia Pacific. It provides rapid-deployment networking solutions for wide-area IoT applications, including federal, state, and local governments; intelligent traffic systems; and military, utility, rail, telecom, and campus applications.