Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of ASP Isotopes Inc (NASDAQ: ASPI) was $4.91 for the day, down -0.81% from the previous closing price of $4.95. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 1.53 million shares were traded. ASPI stock price reached its highest trading level at $5.27 during the session, while it also had its lowest trading level at $4.71.
Ratios:
Our analysis of ASPI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 7.54 and its Current Ratio is at 7.55. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.89.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Canaccord Genuity on October 04, 2024, initiated with a Buy rating and assigned the stock a target price of $4.50.
On December 05, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $3.25.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 02 ’24 when AK Jensen Investment Managemen sold 80,000 shares for $2.23 per share. The transaction valued at 178,296 led to the insider holds 6,566,874 shares of the business.
AK Jensen Investment Managemen sold 31,849 shares of ASPI for $78,008 on Aug 01 ’24. The 10% Owner now owns 6,646,874 shares after completing the transaction at $2.45 per share. On Jul 08 ’24, another insider, AK Jensen Investment Managemen, who serves as the 10% Owner of the company, bought 70,000 shares for $3.05 each. As a result, the insider paid 213,360 and bolstered with 6,586,874 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASPI now has a Market Capitalization of 350525376 and an Enterprise Value of 489926272. For the stock, the TTM Price-to-Sale (P/S) ratio is 103.71 while its Price-to-Book (P/B) ratio in mrq is 8.68. Its current Enterprise Value per Revenue stands at 213.412 whereas that against EBITDA is -23.38.
Stock Price History:
The Beta on a monthly basis for ASPI is 3.47, which has changed by 1.5916231 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, ASPI has reached a high of $9.33, while it has fallen to a 52-week low of $1.76. The 50-Day Moving Average of the stock is -16.39%, while the 200-Day Moving Average is calculated to be 23.21%.
Shares Statistics:
ASPI traded an average of 5.35M shares per day over the past three months and 1825140 shares per day over the past ten days. A total of 68.41M shares are outstanding, with a floating share count of 46.52M. Insiders hold about 34.83% of the company’s shares, while institutions hold 31.94% stake in the company. Shares short for ASPI as of 1730332800 were 10804893 with a Short Ratio of 1.27, compared to 1727654400 on 9574903. Therefore, it implies a Short% of Shares Outstanding of 10804893 and a Short% of Float of 19.520001.
