The stock has a 36-month beta value of 5.10. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ASPI is 22.71M, and at present, short sellers hold a 3.18% of that float. On April 26, 2024, the average trading volume of ASPI was 637.50K shares.
ASPI) stock’s latest price update
ASP Isotopes Inc (NASDAQ: ASPI) has experienced a rise in its stock price by 2.66 compared to its previous closing price of 3.38. However, the company has seen a gain of 11.94% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-15 that ASP Isotopes is strategically positioned to tackle several critical industrial challenges through its cutting-edge proprietary technologies, Aerodynamic Separation and Quantum Laser Enrichment. ASPI’s industrial business revolutionizes access to rare isotopes crucial for industries spanning from nuclear medicine to quantum computing and nuclear fuel. Quantum Leap Energy (QLE JV) is a pioneering entity focused on quantum enrichment and facilitates the direct recycling of nuclear tailings into High-Assay Low-Enriched Uranium.
ASPI’s Market Performance
ASP Isotopes Inc (ASPI) has experienced a 11.94% rise in stock performance for the past week, with a -19.30% drop in the past month, and a 35.02% rise in the past quarter. The volatility ratio for the week is 6.73%, and the volatility levels for the past 30 days are at 10.32% for ASPI. The simple moving average for the last 20 days is -0.62% for ASPI’s stock, with a simple moving average of 70.49% for the last 200 days.
Analysts’ Opinion of ASPI
Many brokerage firms have already submitted their reports for ASPI stocks, with H.C. Wainwright repeating the rating for ASPI by listing it as a “Buy.” The predicted price for ASPI in the upcoming period, according to H.C. Wainwright is $3.25 based on the research report published on December 05, 2023 of the previous year 2023.
ASPI Trading at -5.61% from the 50-Day Moving Average
After a stumble in the market that brought ASPI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.14% of loss for the given period.
Volatility was left at 10.32%, however, over the last 30 days, the volatility rate increased by 6.73%, as shares sank -15.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.07% upper at present.
During the last 5 trading sessions, ASPI rose by +11.94%, which changed the moving average for the period of 200-days by +460.58% in comparison to the 20-day moving average, which settled at $3.46. In addition, ASP Isotopes Inc saw 93.85% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASPI starting from Ryan Robert John Andrew, who purchase 15,596 shares at the price of $2.35 back on Jan 29 ’24. After this action, Ryan Robert John Andrew now owns 537,055 shares of ASP Isotopes Inc, valued at $36,651 using the latest closing price.
Ryan Robert John Andrew, the Director of ASP Isotopes Inc, purchase 100 shares at $2.54 during a trade that took place back on Jan 25 ’24, which means that Ryan Robert John Andrew is holding 521,459 shares at $254 based on the most recent closing price.
Stock Fundamentals for ASPI
Current profitability levels for the company are sitting at:
- -37.05 for the present operating margin
- 0.24 for the gross margin
The net margin for ASP Isotopes Inc stands at -37.36. The total capital return value is set at -0.65. Equity return is now at value -124.73, with -76.31 for asset returns.
Based on ASP Isotopes Inc (ASPI), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at -2.53. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is -1822.75.
Currently, EBITDA for the company is -16.0 million with net debt to EBITDA at 0.36. When we switch over and look at the enterprise to sales, we see a ratio of 378.16. The receivables turnover for the company is 0.46for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
Conclusion
To sum up, ASP Isotopes Inc (ASPI) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
