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After finishing at $2.04 in the prior trading day, ASP Isotopes Inc (NASDAQ: ASPI) closed at $2.03, down -0.49%. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 0.7 million shares were traded. ASPI stock price reached its highest trading level at $2.1 during the session, while it also had its lowest trading level at $2.0.
Ratios:
Our goal is to gain a better understanding of ASPI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.57 and its Current Ratio is at 3.57. In the meantime, Its Debt-to-Equity ratio is 2.29 whereas as Long-Term Debt/Eq ratio is at 2.22.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 10 ’24, another insider, AK Jensen Investment Managemen, who serves as the 10% Owner of the company, bought 61,849 shares for $3.40 each. As a result, the insider paid 210,231 and bolstered with 6,678,723 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 133843584 and an Enterprise Value of 107784472. For the stock, the TTM Price-to-Sale (P/S) ratio is 105.38 while its Price-to-Book (P/B) ratio in mrq is 9.38. Its current Enterprise Value per Revenue stands at 84.644.
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 -38.52%, while the 200-Day Moving Average is calculated to be -31.17%.
Shares Statistics:
The stock has traded on average 1.15M shares per day over the past 3-months and 954430 shares per day over the last 10 days, according to various share statistics. A total of 48.92M shares are outstanding, with a floating share count of 35.30M. Insiders hold about 46.46% of the company’s shares, while institutions hold 7.21% stake in the company. Shares short for ASPI as of 1721001600 were 5470501 with a Short Ratio of 5.86, compared to 1718323200 on 1523609. Therefore, it implies a Short% of Shares Outstanding of 5470501 and a Short% of Float of 11.3800004.
