Market Momentum Report: ASP Isotopes Inc (ASPI)’s Negative Close at 3.21

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The price of ASP Isotopes Inc (NASDAQ: ASPI) closed at $3.21 in the last session, down -6.69% from day before closing price of $3.44. In other words, the price has decreased by -$6.69 from its previous closing price. On the day, 0.51 million shares were traded. ASPI stock price reached its highest trading level at $3.4949 during the session, while it also had its lowest trading level at $3.12.

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 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:

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 Apr 25 ’24 when Ryan Robert John Andrew bought 9,500 shares for $3.42 per share. The transaction valued at 32,450 led to the insider holds 546,555 shares of the business.

Ryan Robert John Andrew bought 15,596 shares of ASPI for $36,651 on Jan 29 ’24. The Director now owns 537,055 shares after completing the transaction at $2.35 per share. On Jan 25 ’24, another insider, Ryan Robert John Andrew, who serves as the Director of the company, bought 100 shares for $2.54 each. As a result, the insider paid 254 and bolstered with 521,459 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 178666032 and an Enterprise Value of 153812848. For the stock, the TTM Price-to-Sale (P/S) ratio is 365.19 while its Price-to-Book (P/B) ratio in mrq is 9.64. Its current Enterprise Value per Revenue stands at 355.205 whereas that against EBITDA is -9.611.

Stock Price History:

The Beta on a monthly basis for ASPI is 5.14, which has changed by 4.611888 over the last 52 weeks, in comparison to a change of 0.24191546 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 -12.94%, while the 200-Day Moving Average is calculated to be 56.63%.

Shares Statistics:

According to the various share statistics, ASPI traded on average about 644.71K shares per day over the past 3-months and 589140 shares per day over the past 10 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 3.33% stake in the company. Shares short for ASPI as of 1713139200 were 722038 with a Short Ratio of 1.12, compared to 1710460800 on 277291. Therefore, it implies a Short% of Shares Outstanding of 722038 and a Short% of Float of 2.1300000999999997.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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