The stock of ASP Isotopes Inc (ASPI) has seen a -4.96% decrease in the past week, with a -6.05% drop in the past month, and a -13.92% decrease in the past quarter. The volatility ratio for the week is 8.79%, and the volatility levels for the past 30 days are at 10.85% for ASPI. The simple moving average for the last 20 days is -9.95% for ASPI stock, with a simple moving average of 0.17% for the last 200 days.
Is It Worth Investing in ASP Isotopes Inc (NASDAQ: ASPI) Right Now?
Additionally, the 36-month beta value for ASPI is 5.16. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for ASPI is 35.16M and currently, short sellers hold a 15.56% ratio of that float. The average trading volume of ASPI on July 25, 2024 was 1.08M shares.
ASPI) stock’s latest price update
The stock price of ASP Isotopes Inc (NASDAQ: ASPI) has plunged by -1.20 when compared to previous closing price of 2.91, but the company has seen a -4.96% decline in its stock price over the last five trading sessions. investorplace.com reported 2024-07-18 that Investors are always on the hunt for the next big thing. Much like the internet revolution and the current AI boom, savvy investors look to get in early on the ground floor of the next world-changing trend.
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 -25.83% 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 -49.29% of loss for the given period.
Volatility was left at 10.85%, however, over the last 30 days, the volatility rate increased by 8.79%, as shares sank -12.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.00% lower at present.
During the last 5 trading sessions, ASPI fell by -6.78%, which changed the moving average for the period of 200-days by +191.77% in comparison to the 20-day moving average, which settled at $3.17. In addition, ASP Isotopes Inc saw 60.61% 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 AK Jensen Investment Managemen, who purchase 61,849 shares at the price of $3.40 back on Jul 10 ’24. After this action, AK Jensen Investment Managemen now owns 6,678,723 shares of ASP Isotopes Inc, valued at $210,231 using the latest closing price.
AK Jensen Investment Managemen, the 10% Owner of ASP Isotopes Inc, purchase 30,000 shares at $3.05 during a trade that took place back on Jul 09 ’24, which means that AK Jensen Investment Managemen is holding 6,616,874 shares at $91,497 based on the most recent closing price.
Stock Fundamentals for ASPI
Current profitability levels for the company are sitting at:
- -14.24 for the present operating margin
- 0.23 for the gross margin
The net margin for ASP Isotopes Inc stands at -15.41. The total capital return value is set at -0.48. Equity return is now at value -174.94, with -65.41 for asset returns.
Based on ASP Isotopes Inc (ASPI), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at -0.3. The debt to equity ratio resting at 2.17. The interest coverage ratio of the stock is -137.02.
Currently, EBITDA for the company is -16.0 million with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 148.24. The receivables turnover for the company is 3.6for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.57.
Conclusion
In conclusion, ASP Isotopes Inc (ASPI) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
