In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of ASP Isotopes Inc (NASDAQ: ASPI) closed at $2.37 in the last session, up 1.94% from day before closing price of $2.33. In other words, the price has increased by $1.94 from its previous closing price. On the day, 0.39 million shares were traded. ASPI stock price reached its highest trading level at $2.395 during the session, while it also had its lowest trading level at $2.29.
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 4.00 and its Current Ratio is at 4.00. In the meantime, Its Debt-to-Equity ratio is 2.85 whereas as Long-Term Debt/Eq ratio is at 2.78.
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:
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 158047952 and an Enterprise Value of 164493984. For the stock, the TTM Price-to-Sale (P/S) ratio is 68.72 while its Price-to-Book (P/B) ratio in mrq is 11.22. Its current Enterprise Value per Revenue stands at 71.654 whereas that against EBITDA is -7.85.
Stock Price History:
Over the past 52 weeks, ASPI has reached a high of $5.67, while it has fallen to a 52-week low of $0.84. The 50-Day Moving Average of the stock is -13.50%, while the 200-Day Moving Average is calculated to be -21.79%.
Shares Statistics:
According to the various share statistics, ASPI traded on average about 1.09M shares per day over the past 3-months and 881670 shares per day over the past 10 days. A total of 48.92M shares are outstanding, with a floating share count of 41.49M. Insiders hold about 37.78% of the company’s shares, while institutions hold 13.37% stake in the company. Shares short for ASPI as of 1723680000 were 7307678 with a Short Ratio of 6.69, compared to 1721001600 on 5470501. Therefore, it implies a Short% of Shares Outstanding of 7307678 and a Short% of Float of 14.96.
