Gaining Ground: ASP Isotopes Inc (ASPI) Closes Higher at 5.55, Up 10.56

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The price of ASP Isotopes Inc (NASDAQ: ASPI) closed at $5.55 in the last session, up 10.56% from day before closing price of $5.02. In other words, the price has increased by $10.56 from its previous closing price. On the day, 3.83 million shares were traded. ASPI stock price reached its highest trading level at $5.57 during the session, while it also had its lowest trading level at $5.0.

Ratios:

We take a closer look at ASPI’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 396215040 and an Enterprise Value of 489926272. For the stock, the TTM Price-to-Sale (P/S) ratio is 129.60 while its Price-to-Book (P/B) ratio in mrq is 9.81. Its current Enterprise Value per Revenue stands at 213.412 whereas that against EBITDA is -23.38.

Stock Price History:

Over the past 52 weeks, ASPI has reached a high of $9.33, while it has fallen to a 52-week low of $1.65. The 50-Day Moving Average of the stock is 6.30%, while the 200-Day Moving Average is calculated to be 44.29%.

Shares Statistics:

According to the various share statistics, ASPI traded on average about 4.36M shares per day over the past 3-months and 8191390 shares per day over the past 10 days. A total of 48.92M shares are outstanding, with a floating share count of 45.62M. Insiders hold about 36.10% of the company’s shares, while institutions hold 31.87% stake in the company. Shares short for ASPI as of 1730332800 were 10804893 with a Short Ratio of 1.28, compared to 1727654400 on 9574903. Therefore, it implies a Short% of Shares Outstanding of 10804893 and a Short% of Float of 19.520001.

Earnings Estimates

Its stock is currently analyzed by 1 different market analysts. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.

Analysts are recommending an EPS of between -$0.57 and -$0.57 for the fiscal current year, implying an average EPS of -$0.57. EPS for the following year is -$0.15, with 1.0 analysts recommending between -$0.15 and -$0.15.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $5.1M. There is a high estimate of $5.1M for the next quarter, whereas the lowest estimate is $5.1M.

A total of 1 analysts have provided revenue estimates for ASPI’s current fiscal year. The highest revenue estimate was $4.11M, while the lowest revenue estimate was $4.11M, resulting in an average revenue estimate of $4.11M. In the same quarter a year ago, actual revenue was $433.03kBased on 2 analysts’ estimates, the company’s revenue will be $24.25M in the next fiscal year. The high estimate is $32.77M and the low estimate is $15.74M.

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