ASP Isotopes Inc (NASDAQ: ASPI) Surprises The Bears, Looks Good Going Forward

In today’s recent session, 0.38 million shares of the ASP Isotopes Inc (NASDAQ:ASPI) have been traded, and its beta is 4.99. Most recently the company’s share price was $5.10, and it changed around $0.01 or 0.20% from the last close, which brings the market valuation of the company to $340.12M. ASPI at last check was trading at a discount to its 52-week high of $5.67, offering almost -11.18% off that amount. The share price’s 52-week low was $1.03, which indicates that the recent value has risen by an impressive 79.8% since then. We note from ASP Isotopes Inc’s average daily trading volume that its 10-day average is 3.29 million shares, with the 3-month average coming to 1.22 million.

ASP Isotopes Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ASPI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. ASP Isotopes Inc is expected to report earnings per share of -0.09 for the current quarter.

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

ASP Isotopes Inc (NASDAQ:ASPI) trade information

Instantly ASPI has been showing a green trend so far today with a performance of 0.20% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.49 on recent trading dayincreased the stock’s daily price by 7.1%. The company’s shares are currently up 184.92% year-to-date, but still up 7.37% over the last five days. On the other hand, ASP Isotopes Inc (NASDAQ:ASPI) is 83.45% up in the 30-day period. We can see from the shorts that 9.93 million shares have been sold at a short interest cover period of 10.51 day(s).

The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to decrease their stock price by -2.0% from its current value. Analyst projections state that ASPI is forecast to be at a low of $4.5 and a high of $5.5.

ASP Isotopes Inc (ASPI) estimates and forecasts

ASP Isotopes Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 60.88 percent over the past six months and at a 51.02% annual growth rate that is well above the industry average of -0.80%. The year-over-year growth rate is expected to be 1,724.50%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1.1M in revenue for the current quarter. 1 analysts expect ASP Isotopes Inc to make 1.2M in revenue for the current ending quarter.

ASPI Dividends

ASP Isotopes Inc’s next quarterly earnings report is expected to be released in November.

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

Upon looking at major shareholders, it appears that insiders hold 37.17% of ASP Isotopes Inc shares, and 16.56% of them are in the hands of institutional investors. The stock currently has a share float of 26.36%.

iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 1.24 shares worth $6.3 million, making up 1.81% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 999.64 shares worth around $5.1 million, which represents about 1.46% of the total shares outstanding.