ASP Isotopes Inc (NASDAQ:ASPI) shares traded 19.79% higher at $6.90 on Wall Street last session.
ASPI stock price is now 117.78% away from the 50-day moving average and 106.22% away from the 200-day moving average. The market capitalization of the company currently stands at $472.03M.
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With the price target of $4.50, Canaccord Genuity recently initiated with Buy rating for ASP Isotopes Inc (NASDAQ: ASPI). On December 05, 2023, H.C. Wainwright recently initiated its ‘Buy’ rating on the stock quoting a target price of $3.25
In other news, AK Jensen Investment Managemen, 10% Owner sold 80,000 shares of the company’s stock on Aug 02 ’24. The stock was sold for $178,296 at an average price of $2.23. Upon completion of the transaction, the 10% Owner now directly owns 6,566,874 shares in the company, valued at $45.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 01 ’24, 10% Owner AK Jensen Investment Managemen sold 31,849 shares of the business’s stock. A total of $78,008 was realized by selling the stock at an average price of $2.45. This leaves the insider owning 6,646,874 shares of the company worth $45.86 million. A total of 38.52% of the company’s stock is owned by insiders.
During the past 12 months, ASP Isotopes Inc has had a low of $1.03 and a high of $6.00. As of last week, the company has a debt-to-equity ratio of 2.85, a current ratio of 4.00, and a quick ratio of 4.00. The fifty day moving average price for ASPI is $3.1684 and a two-hundred day moving average price translates $3.345925 for the stock.
The latest earnings results from ASP Isotopes Inc (NASDAQ: ASPI) was released for 2024-06-30. The net profit margin was -1178.10% and return on equity was -229.30% for ASPI.