At the time of writing, ASP Isotopes Inc [ASPI] stock is trading at $5.04, up 11.50%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ASPI shares have gain 11.75% over the last week, with a monthly amount drifted -34.12%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
ASP Isotopes Inc [NASDAQ: ASPI] stock has seen the most recent analyst activity on October 04, 2024, when Canaccord Genuity initiated its Buy rating and assigned the stock a price target of $4.50. Previously, H.C. Wainwright started tracking the stock with Buy rating on December 05, 2023, and set its price target to $3.25.
For the past year, the stock price of ASP Isotopes Inc fluctuated between $1.65 and $9.33. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. ASP Isotopes Inc [NASDAQ: ASPI] shares were valued at $5.04 at the most recent close of the market. An investor can expect a potential drop of -10.71% based on the average ASPI price forecast.
Analyzing the ASPI fundamentals
Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -6.72%, Pretax Profit Margin comes in at -8.1%, and Net Profit Margin reading is -8.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is -1.43 and Total Capital is -0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.61 points at the first support level, and at 4.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.25, and for the 2nd resistance point, it is at 5.47.
Ratios To Look Out For
It is important to note that ASP Isotopes Inc [NASDAQ:ASPI] has a current ratio of 7.55. In addition, the Quick Ratio stands at 7.54 and the Cash Ratio stands at 6.94. Considering the valuation of this stock, the price to sales ratio is 106.45, the price to book ratio is 8.91.
Transactions by insiders
Recent insider trading involved AK Jensen Investment Managemen, 10% Owner, that happened on Aug 02 ’24 when 80000.0 shares were sold. 10% Owner, AK Jensen Investment Managemen completed a deal on Aug 01 ’24 to sell 31849.0 shares. Meanwhile, 10% Owner AK Jensen Investment Managemen bought 70000.0 shares on Jul 08 ’24.