rts logo

New Big Money Means ASP Isotopes Inc (ASPI) Investors Could Reap Benefit

ASP Isotopes Inc (NASDAQ: ASPI) is -6.40% lower on its value in year-to-date trading and has touched a low of $1.86 and a high of $9.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ASPI stock was last observed hovering at around $4.42 in the last trading session, with the day’s loss setting it -0.18%.

Currently trading at $4.24, the stock is -1.45% and -16.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing -4.07% at the moment leaves the stock -0.30% off its SMA200. ASPI registered -9.21% loss for a year compared to 6-month gain of 60.00%. The firm has a 50-day simple moving average (SMA 50) of $5.0611 and a 200-day simple moving average (SMA200) of $4.252575.

The stock witnessed a -10.74% loss in the last 1 month and extending the period to 3 months gives it a -28.14%, and is 8.16% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.10% over the week and 10.74% over the month.

ASP Isotopes Inc (ASPI) has around 76 employees, a market worth around $302.69M and $3.38M in sales. Profit margin for the company is -889.47%. Distance from 52-week low is 127.96% and -54.56% from its 52-week high. The company has generated returns on investments over the last 12 months (-41.06%).

with sales reaching $1.2M over the same period.The EPS is expected to grow by 73.68% this year, but quarterly earnings will post 846.82% year-over-year.

120.0 institutions hold shares in ASP Isotopes Inc (ASPI), with institutional investors hold 65.63% of the company’s shares. The shares outstanding are 68.41M, and float is at 54.25M with Short Float at 29.34%. Institutions hold 45.58% of the Float.

The top institutional shareholder in the company is MARSHALL WACE, LLP with over 0.55 million shares valued at $1.67 million. The investor’s holdings represent 1.1093 of the ASPI Shares outstanding. As of 2024-06-30, the second largest holder is GSA CAPITAL PARTNERS LLP with 0.39 million shares valued at $1.2 million to account for 0.8004 of the shares outstanding. The other top investors are PHILADELPHIA FINANCIAL MANAGEMENT OF SAN FRANCISCO, LLC which holds 0.38 million shares representing 0.7814 and valued at over $1.17 million, while ROVIDA ADVISORS INC. holds 0.7123 of the shares totaling 0.35 million with a market value of $1.06 million.

ASP Isotopes Inc (ASPI) Insider Activity

The most recent transaction is an insider sale by AK Jensen Investment Managemen, the company’s 10% Owner. SEC filings show that AK Jensen Investment Managemen sold 80,000 shares of the company’s common stock on Aug 02 ’24 at a price of $2.23 per share for a total of $0.18 million. Following the sale, the insider now owns 6.57 million shares.

ASP Isotopes Inc disclosed in a document filed with the SEC on Aug 01 ’24 that AK Jensen Investment Managemen (10% Owner) sold a total of 31,849 shares of the company’s common stock. The trade occurred on Aug 01 ’24 and was made at $2.45 per share for $78008.0. Following the transaction, the insider now directly holds 6.65 million shares of the ASPI stock.

Still, SEC filings show that on Jul 08 ’24, AK Jensen Investment Managemen (10% Owner) acquired 70,000 shares at an average price of $3.05 for $0.21 million. The insider now directly holds 6,586,874 shares of ASP Isotopes Inc (ASPI).

Related Posts