[breadcrumb_custom]

ASP Isotopes Inc (NASDAQ:ASPI) Is Up 66.99% Over The Past 30 Days: Is There Trouble Ahead?

In last trading session, ASP Isotopes Inc (NASDAQ:ASPI) saw 0.31 million shares changing hands with its beta currently measuring 4.61. Company’s recent per share price level of $1.72 trading at $0.02 or 1.18% at ring of the bell on the day assigns it a market valuation of $50.59M. That closing price of ASPI’s stock is at a discount of -71.51% from its 52-week high price of $2.95 and is indicating a premium of 83.72% from its 52-week low price of $0.28. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.31 million shares which gives us an average trading volume of 180.13K if we extend that period to 3-months.

For ASP Isotopes Inc (ASPI), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

ASP Isotopes Inc (NASDAQ:ASPI) trade information

Upright in the green during last session for gaining 1.18%, in the last five days ASPI remained trading in the green while hitting it’s week-highest on Friday, 11/17/23 when the stock touched $1.72 price level, adding 9.47% to its value on the day. ASP Isotopes Inc’s shares saw a change of 8.86% in year-to-date performance and have moved 20.28% in past 5-day. ASP Isotopes Inc (NASDAQ:ASPI) showed a performance of 66.99% in past 30-days. Number of shares sold short was 58410.0 shares which calculate 0.38 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $3.00 to the stock, which implies a rise of 42.67% to its current value. Analysts have been projecting $3.00 as a low price target for the stock while placing it at a high target of $3.00. It follows that stock’s current price would drop -74.42% in reaching the projected high whereas dropping to the targeted low would mean a loss of -74.42% for stock’s current value.

ASPI Dividends

ASP Isotopes Inc is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

ASP Isotopes Inc (NASDAQ:ASPI)’s Major holders

Insiders are in possession of 45.17% of company’s total shares while institution are holding 8.69 percent of that, with stock having share float percentage of 15.85%. Investors also watch the number of corporate investors in a company very closely, which is 8.69% institutions for ASP Isotopes Inc that are currently holding shares of the company. Renaissance Technologies, LLC is the top institutional holder at ASPI for having 0.48 million shares of worth $0.27 million. And as of Jun 29, 2023, it was holding 1.28% of the company’s outstanding shares.

The second largest institutional holder is Warberg Asset Management LLC, which was holding about 55218.0 shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.15% of outstanding shares, having a total worth of $31352.0.

On Key

Related Posts