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

Litchfield Hills Research initiated coverage on shares of Actelis Networks (NASDAQ:ASNS) in a research note published on Monday morning, MarketBeat.com reports. The firm issued a buy rating and a $5.00 target price 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 Trading Down 1.7 %

Shares of ASNS stock opened at $1.15 on Monday. The company has a current ratio of 1.42, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. Actelis Networks has a 12 month low of $0.36 and a 12 month high of $4.60. The stock has a market capitalization of $7.19 million, a PE ratio of -0.92 and a beta of 2.02. The firm’s 50 day simple moving average is $1.25.

About Actelis Networks

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.