Is ASP Isotopes Inc (NASDAQ: ASPI) Still A Buy After A 11.56% Weekly Jump?

During the last session, ASP Isotopes Inc (NASDAQ:ASPI)’s traded shares were 2.4 million, with the beta value of the company hitting 3.73. At the end of the trading day, the stock’s price was $4.73, reflecting an intraday gain of 12.89% or $0.54. The 52-week high for the ASPI share is $9.33, that puts it down -97.25 from that peak though still a striking 60.68% gain since the share price plummeted to a 52-week low of $1.86. The company’s market capitalization is $337.68M, and the average intraday trading volume over the past 10 days was 1.12 million shares, and the average trade volume was 1.85 million shares over the past three months.

ASP Isotopes Inc (ASPI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ASPI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.09.

ASP Isotopes Inc (NASDAQ:ASPI) trade information

ASP Isotopes Inc (ASPI) registered a 12.89% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 12.89% in intraday trading to $4.73, hitting a weekly high. The stock’s 5-day price performance is 11.56%, and it has moved by -7.25% in 30 days. Based on these gigs, the overall price performance for the year is 5.11%. The short interest in ASP Isotopes Inc (NASDAQ:ASPI) is 16.26 million shares and it means that shorts have 9.93 day(s) to cover.

The consensus price target of analysts on Wall Street is $4.5, which implies a decrease of -5.11% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.5 and $4.5 respectively. As a result, ASPI is trading at a premium of 4.86% off the target high and 4.86% off the low.

ASP Isotopes Inc (ASPI) estimates and forecasts

In the rating firms’ projections, revenue will increase 846.82% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.2M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 5.1M by the end of current fiscal year.

While earnings are projected to return 73.68% in 2025.

ASPI Dividends

ASP Isotopes Inc is due to release its next quarterly earnings on 2024-Nov-18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

ASP Isotopes Inc insiders own 30.55% of total outstanding shares while institutional holders control 45.58%, with the float percentage being 65.63%. BLACKROCK INC. is the largest shareholder of the company, while 120.0 institutions own stock in it. As of 2024-06-30, the company held over 2.14 million shares (or 4.3584% of all shares), a total value of $6.55 million in shares.

The next largest institutional holding, with 0.55 million shares, is of MARSHALL WACE, LLP’s that is approximately 1.1093% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.67 million.

Also, the Mutual Funds coming in first place with the largest holdings of ASP Isotopes Inc (ASPI) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.51 shares. This amounts to just over 2.11 percent of the company’s overall shares, with a $7.14 million market value. The same data shows that the other fund manager holds slightly less at 1.46, or about 2.04% of the stock, which is worth about $6.9 million.