ASP Isotopes Inc (NASDAQ: ASPI)’s stock price has increased by 3.18 compared to its previous closing price of 2.83. However, the company has seen a 4.29% increase in its stock price over the last five trading sessions. accesswire.com reported 2024-09-13 that ORLANDO, FL / ACCESSWIRE / September 13, 2024 / RedChip Companies will air interviews with Mobilicom Ltd. (NASDAQ:MOB) and ASP Isotopes Inc. (NASDAQ:ASPI) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, September 14, at 7 p.m.
Is It Worth Investing in ASP Isotopes Inc (NASDAQ: ASPI) Right Now?
Moreover, the 36-month beta value for ASPI is 5.11. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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 public float for ASPI is 41.18M and currently, short sellers hold a 19.88% of that float. On September 27, 2024, ASPI’s average trading volume was 1.11M shares.
ASPI’s Market Performance
ASPI’s stock has seen a 4.29% increase for the week, with a 14.51% rise in the past month and a -3.95% fall in the past quarter. The volatility ratio for the week is 8.56%, and the volatility levels for the past 30 days are at 9.49% for ASP Isotopes Inc The simple moving average for the past 20 days is 13.64% for ASPI’s stock, with a -5.80% simple moving average for the past 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 16.77% 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 -48.50% of loss for the given period.
Volatility was left at 9.49%, however, over the last 30 days, the volatility rate increased by 8.56%, as shares surge +25.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.32% lower at present.
During the last 5 trading sessions, ASPI rose by +4.29%, which changed the moving average for the period of 200-days by +52.08% in comparison to the 20-day moving average, which settled at $2.60. In addition, ASP Isotopes Inc saw 63.13% 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 sale 80,000 shares at the price of $2.23 back on Aug 02 ’24. After this action, AK Jensen Investment Managemen now owns 6,566,874 shares of ASP Isotopes Inc, valued at $178,296 using the latest closing price.
AK Jensen Investment Managemen, the 10% Owner of ASP Isotopes Inc, sale 31,849 shares at $2.45 during a trade that took place back on Aug 01 ’24, which means that AK Jensen Investment Managemen is holding 6,646,874 shares at $78,008 based on the most recent closing price.
Stock Fundamentals for ASPI
Current profitability levels for the company are sitting at:
- -9.25 for the present operating margin
- 0.32 for the gross margin
The net margin for ASP Isotopes Inc stands at -10.57. The total capital return value is set at -0.45. Equity return is now at value -229.30, with -71.89 for asset returns.
Based on ASP Isotopes Inc (ASPI), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at -0.36. The debt to equity ratio resting at 2.7. The interest coverage ratio of the stock is -105.46.
Currently, EBITDA for the company is -16.0 million with net debt to EBITDA at -0.15. When we switch over and look at the enterprise to sales, we see a ratio of 86.17. The receivables turnover for the company is 4.45for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.00.
Conclusion
To wrap up, the performance of ASP Isotopes Inc (ASPI) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
