ASP Isotopes Inc (ASPI) is expecting 291.94% growth in the next quarter: What can investors do to maximize their returns?

ASP Isotopes Inc (NASDAQ: ASPI) kicked off on Monday, down -5.70% from the previous trading day, before settling in for the closing price of $8.77. Over the past 52 weeks, ASPI has traded in a range of $1.09-$9.23.

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While this was happening, its average annual earnings per share was recorded 17.35%. With a float of $42.16 million, this company’s outstanding shares have now reached $48.92 million.

The firm has a total of 76 workers. Let’s measure their productivity. In terms of profitability, gross margin is 32.01%, operating margin of -925.3%, and the pretax margin is -1057.59%.

ASP Isotopes Inc (ASPI) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Chemicals Industry. The insider ownership of ASP Isotopes Inc is 36.78%, while institutional ownership is 17.57%. The most recent insider transaction that took place on Aug 02 ’24, was worth 178,296. In this transaction 10% Owner of this company sold 80,000 shares at a rate of $2.23, taking the stock ownership to the 6,566,874 shares. Before that another transaction happened on Aug 01 ’24, when Company’s 10% Owner sold 31,849 for $2.45, making the entire transaction worth $78,008. This insider now owns 6,646,874 shares in total.

ASP Isotopes Inc (ASPI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 17.35% per share during the next fiscal year.

ASP Isotopes Inc (NASDAQ: ASPI) Trading Performance Indicators

Take a look at ASP Isotopes Inc’s (ASPI) current performance indicators. Last quarter, stock had a quick ratio of 4.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 266.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.12 in one year’s time.

Technical Analysis of ASP Isotopes Inc (ASPI)

Analysing the last 5-days average volume posted by the [ASP Isotopes Inc, ASPI], we can find that recorded value of 4.37 million was better than the volume posted last year of 1.44 million. As of the previous 9 days, the stock’s Stochastic %D was 78.43%. Additionally, its Average True Range was 0.92.

During the past 100 days, ASP Isotopes Inc’s (ASPI) raw stochastic average was set at 85.81%, which indicates a significant increase from 78.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 137.66% in the past 14 days, which was higher than the 105.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.01, while its 200-day Moving Average is $3.56. Now, the first resistance to watch is $9.03. This is followed by the second major resistance level at $9.78. The third major resistance level sits at $10.23. If the price goes on to break the first support level at $7.82, it is likely to go to the next support level at $7.37. Should the price break the second support level, the third support level stands at $6.62.

ASP Isotopes Inc (NASDAQ: ASPI) Key Stats

The company with the Market Capitalisation of 613.71 million has total of 71,163K Shares Outstanding. Its annual sales at the moment are 430 K in contrast with the sum of -16,290 K annual income. Company’s last quarter sales were recorded 1,020 K and last quarter income was -8,930 K.