Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, ASP Isotopes Inc (NASDAQ: ASPI) closed at $3.10 up 0.32% from its previous closing price of $3.09. In other words, the price has increased by $0.32 from its previous closing price. On the day, 0.52 million shares were traded. ASPI stock price reached its highest trading level at $3.18 during the session, while it also had its lowest trading level at $3.03.
Ratios:
For a deeper understanding of ASP Isotopes Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, H.C. Wainwright on December 05, 2023, initiated with a Buy rating and assigned the stock a target price of $3.25.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 29 ’24 when Ryan Robert John Andrew bought 15,596 shares for $2.35 per share. The transaction valued at 36,651 led to the insider holds 537,055 shares of the business.
Ryan Robert John Andrew bought 100 shares of ASPI for $254 on Jan 25 ’24. The Director now owns 521,459 shares after completing the transaction at $2.54 per share. On Jan 17 ’24, another insider, Ryan Robert John Andrew, who serves as the Director of the company, bought 100 shares for $1.91 each. As a result, the insider paid 191 and bolstered with 521,359 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 161007168 and an Enterprise Value of 148431296. For the stock, the TTM Price-to-Sale (P/S) ratio is 352.68 while its Price-to-Book (P/B) ratio in mrq is 9.31. Its current Enterprise Value per Revenue stands at 342.777 whereas that against EBITDA is -9.274.
Stock Price History:
The Beta on a monthly basis for ASPI is 5.08, which has changed by 3.7692308 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, ASPI has reached a high of $4.97, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -15.05%, while the 200-Day Moving Average is calculated to be 57.39%.
Shares Statistics:
For the past three months, ASPI has traded an average of 650.74K shares per day and 992650 over the past ten days. A total of 48.92M shares are outstanding, with a floating share count of 22.71M. Insiders hold about 53.59% of the company’s shares, while institutions hold 3.42% stake in the company. Shares short for ASPI as of 1711584000 were 474594 with a Short Ratio of 0.73, compared to 1709164800 on 241107. Therefore, it implies a Short% of Shares Outstanding of 474594 and a Short% of Float of 1.55.
