ASP Isotopes Inc (NASDAQ: ASPI) Is Down -16.75% Over The Last Week, But Will It Continue To Climb?

ASP Isotopes Inc (NASDAQ:ASPI)’s traded shares stood at 3.8 million during the last session, with the company’s beta value hitting 3.39. At the close of trading, the stock’s price was $4.87, to imply a decrease of -0.41% or -$0.02 in intraday trading. The ASPI share’s 52-week high remains $9.33, putting it -91.58% down since that peak but still an impressive 66.12% since price per share fell to its 52-week low of $1.65. The company has a valuation of $347.67M, with an average of 8.11 million shares in intraday trading volume over the past 10 days and average of 4.48 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for ASP Isotopes Inc (ASPI), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give ASPI a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.09.

ASP Isotopes Inc (NASDAQ:ASPI) trade information

After registering a -0.41% downside in the last session, ASP Isotopes Inc (ASPI) has traded red over the past five days. The 5-day price performance for the stock is -16.75%, and -25.31% over 30 days. With these gigs, the year-to-date price performance is 172.07%. Short interest in ASP Isotopes Inc (NASDAQ:ASPI) saw shorts transact 10.8 million shares and set a 2.42 days time to cover.

The extremes give us $4.5 and $4.5 for target low and target high price respectively. As such, ASPI has been trading 7.6% off suggested target high and 7.6% from its likely low.

ASP Isotopes Inc (ASPI) estimates and forecasts

Looking at statistics comparing ASP Isotopes Inc share performance against respective industry, we note that the company has outperformed competitors. ASP Isotopes Inc (ASPI) shares are 10.18% up over the last 6 months, with its year-to-date growth rate higher than industry average at 51.02% against 3.50%. The rating firms project that company’s revenue will grow 846.82% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 1.2M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 5.1M.

ASPI Dividends

ASP Isotopes Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

ASP Isotopes Inc insiders hold 34.35% of total outstanding shares, with institutional holders owning 31.64% of the shares at 48.20% float percentage. In total, 31.64% institutions holds shares in the company.