Could ASP Isotopes Inc (NASDAQ: ASPI) Post Life-Changing Returns?

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In the last trading session, 3.26 million ASP Isotopes Inc (NASDAQ:ASPI) shares changed hands as the company’s beta touched 5.12. With the company’s per share price at $4.75 changed hands at -$0.09 or -1.86% during last session, the market valuation stood at $316.78M. ASPI’s last price was a discount, traded about -19.37% off its 52-week high of $5.67. The share price had its 52-week low at $0.99, which suggests the last value was 79.16% up since then. When we look at ASP Isotopes Inc’s average trading volume, we note the 10-day average is 1.99 million shares, with the 3-month average coming to 1.06 million.

Analysts gave the ASP Isotopes Inc (ASPI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ASPI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. ASP Isotopes Inc’s EPS for the current quarter is expected to be -0.09.

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ASP Isotopes Inc (NASDAQ:ASPI) trade information

Instantly ASPI was in red as seen at the end of in last trading. With action 63.79%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 165.36%, with the 5-day performance at 63.79% in the green. However, in the 30-day time frame, ASP Isotopes Inc (NASDAQ:ASPI) is 58.33% up. Looking at the short shares, we see there were 9.57 million shares sold at short interest cover period of 11.28 days.

The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 5.0% from its current market value. According to analyst projections, ASPI’s forecast low is 4.5 with 5.5 as the target high. To hit the forecast high, the stock’s price needs a -15.79% plunge from its current level, while the stock would need to tank 5.26% for it to hit the projected low.

ASP Isotopes Inc (ASPI) estimates and forecasts

Data shows that the ASP Isotopes Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 48.44% over the past 6 months, a 51.02% in annual growth rate that is considerably higher than the industry average of -0.60%. Year-over-year growth is forecast to reach 1,724.50% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 1.1M. 1 analysts are of the opinion that ASP Isotopes Inc’s revenue for the current quarter will be 1.2M.

The 2024 estimates are for ASP Isotopes Inc earnings to increase by 17.35%.

ASPI Dividends

ASP Isotopes Inc is expected to release its next quarterly earnings report in November.

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

If we look at who the major shareholders are, we find that insiders hold 37.62% of ASP Isotopes Inc shares while 16.61% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 26.63%.