ASP Isotopes Inc (NASDAQ: ASPI) Has Been Rising 13.97% Year-To-Date. Troubles Yet To Come?

During the last session, ASP Isotopes Inc (NASDAQ:ASPI)’s traded shares were 0.46 million, with the beta value of the company hitting 5.18. At the end of the trading day, the stock’s price was $2.04, reflecting an intraday loss of -5.56% or -$0.12. The 52-week high for the ASPI share is $5.67, that puts it down -177.94 from that peak though still a striking 58.82% gain since the share price plummeted to a 52-week low of $0.84. The company’s market capitalization is $134.50M, and the average intraday trading volume over the past 10 days was 0.96 million shares, and the average trade volume was 1.15 million shares over the past three months.

ASP Isotopes Inc (ASPI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ASPI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

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ASP Isotopes Inc (NASDAQ:ASPI) trade information

ASP Isotopes Inc (ASPI) registered a -5.56% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.56% in intraday trading to $2.04, hitting a weekly high. The stock’s 5-day price performance is -5.56%, and it has moved by -42.70% in 30 days. Based on these gigs, the overall price performance for the year is 40.69%. The short interest in ASP Isotopes Inc (NASDAQ:ASPI) is 5.47 million shares and it means that shorts have 3.47 day(s) to cover.

The consensus price target of analysts on Wall Street is $5.5, which implies an increase of 62.91% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.5 and $5.5 respectively. As a result, ASPI is trading at a discount of -169.61% off the target high and -169.61% off the low.

ASP Isotopes Inc (ASPI) estimates and forecasts

Statistics show that ASP Isotopes Inc has outperformed its competitors in share price, compared to the industry in which it operates. ASP Isotopes Inc (ASPI) shares have gone down -32.89% during the last six months, with a year-to-date growth rate more than the industry average at 51.02% against 3.50.

While earnings are projected to return 51.02% in 2024.

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

ASP Isotopes Inc insiders own 36.81% of total outstanding shares while institutional holders control 6.36%, with the float percentage being 10.06%.

Also, the Mutual Funds coming in first place with the largest holdings of ASP Isotopes Inc (ASPI) shares are iShares Russell 2000 ETF and Vanguard Extended Market Index Fund . Data provided on Jun 30, 2024 indicates that iShares Russell 2000 ETF owns about 959.86 shares. This amounts to just over 1.46 percent of the company’s overall shares, with a $1.96 million market value. The same data shows that the other fund manager holds slightly less at 492.57, or about 0.75% of the stock, which is worth about $1.0 million.