In the latest trading session, 2.78 million ASP Isotopes Inc (NASDAQ:ASPI) shares changed hands as the company’s beta touched 3.30. With the company’s most recent per share price at $4.95 changed hands at -$0.6 or -10.90% at last look, the market valuation stands at $390.30M. ASPI’s current price is a discount, trading about -88.48% off its 52-week high of $9.33. The share price had its 52-week low at $1.65, which suggests the last value was 66.67% up since then. When we look at ASP Isotopes Inc’s average trading volume, we note the 10-day average is 8.19 million shares, with the 3-month average coming to 4.36 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.
ASP Isotopes Inc (NASDAQ:ASPI) trade information
Instantly ASPI was in red as seen in intraday trades today. With action -40.71%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 176.26%, with the 5-day performance at -40.71% in the red. However, in the 30-day time frame, ASP Isotopes Inc (NASDAQ:ASPI) is -29.26% down. Looking at the short shares, we see there were 10.8 million shares sold at short interest cover period of 2.42 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 1.0% from its recent 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 -11.11% plunge from its current level, while the stock would need to tank 9.09% 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 4.11% over the past 6 months, a 51.02% in annual growth rate that is considerably higher than the industry average of 3.70%. Year-over-year growth is forecast to reach 846.82% 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 1.2M. 1 analysts are of the opinion that ASP Isotopes Inc’s revenue for the current quarter will be 5.1M.
The 2024 estimates are for ASP Isotopes Inc earnings to decrease by -16.33%.
ASPI Dividends
ASP Isotopes Inc is expected to release its next quarterly earnings report in January.
ASP Isotopes Inc (NASDAQ:ASPI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 34.35% of ASP Isotopes Inc shares while 31.64% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 48.20%.
Among Mutual Funds, the top two as of Aug 31, 2024 were iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund. With 1.12 shares estimated at $5.68 million under it, the former controlled 1.57% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.40% of the shares, roughly 999.64 shares worth around $5.05 million.
