ASP Isotopes Inc (NASDAQ: ASPI) Is Under Pressure Due To Weak Fundamental Momentum.

NOVA

In the latest trading session, 0.8 million ASP Isotopes Inc (NASDAQ:ASPI) shares changed hands as the company’s beta touched 3.53. With the company’s most recent per share price at $4.77 changing hands around $0.28 or 6.12% at last look, the market valuation stands at $340.53M. ASPI’s current price is a discount, trading about -95.6% off its 52-week high of $9.33. The share price had its 52-week low at $1.75, which suggests the last value was 63.31% up since then. When we look at ASP Isotopes Inc’s average trading volume, we note the 10-day average is 1.75 million shares, with the 3-month average coming to 5.31 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 is in green as seen in intraday trades today. With action -11.17%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 5.30%, with the 5-day performance at -11.17% in the red. However, in the 30-day time frame, ASP Isotopes Inc (NASDAQ:ASPI) is 6.00% up. 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 4.5, meaning bulls need a downside of -6.0% from its recent market value. According to analyst projections, ASPI’s forecast low is 4.5 with 4.5 as the target high. To hit the forecast high, the stock’s price needs a 5.66% surge from its current level, while the stock would need to tank 5.66% 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 37.46% over the past 6 months, a 51.02% in annual growth rate that is considerably higher than the industry average of 6.90%. 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 2025 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 February.

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 Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 1.51 shares estimated at $7.03 million under it, the former controlled 2.11% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.83% of the shares, roughly 1.31 shares worth around $6.09 million.