ASP Isotopes Inc (ASPI) 20 Days SMA touches 8.25%: The odds favor the bear

On Friday, ASP Isotopes Inc (NASDAQ: ASPI) opened higher 7.47% from the last session, before settling in for the closing price of $5.76. Price fluctuations for ASPI have ranged from $1.86 to $9.33 over the past 52 weeks.

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Company’s average yearly earnings per share was noted -16.33% at the time writing. With a float of $54.26 million, this company’s outstanding shares have now reached $68.41 million.

Let’s determine the extent of company efficiency that accounts for 76 employees. In terms of profitability, gross margin is 30.43%, operating margin of -671.79%, and the pretax margin is -810.44%.

ASP Isotopes Inc (ASPI) Insider Activity

A key investor’s attitude towards the stock of the Chemicals industry is another important factor to consider. The insider ownership of ASP Isotopes Inc is 24.00%, while institutional ownership is 41.08%. 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 -16.33% per share during the next fiscal year.

ASP Isotopes Inc (NASDAQ: ASPI) Trading Performance Indicators

Check out the current performance indicators for ASP Isotopes Inc (ASPI). In the past quarter, the stock posted a quick ratio of 7.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 130.74.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.15 in one year’s time.

Technical Analysis of ASP Isotopes Inc (ASPI)

Looking closely at ASP Isotopes Inc (NASDAQ: ASPI), its last 5-days average volume was 2.2 million, which is a drop from its year-to-date volume of 2.3 million. As of the previous 9 days, the stock’s Stochastic %D was 65.04%. Additionally, its Average True Range was 0.64.

During the past 100 days, ASP Isotopes Inc’s (ASPI) raw stochastic average was set at 53.72%, which indicates a significant decrease from 58.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 144.58% in the past 14 days, which was higher than the 133.67% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.26, while its 200-day Moving Average is $4.19. However, in the short run, ASP Isotopes Inc’s stock first resistance to watch stands at $6.41. Second resistance stands at $6.63. The third major resistance level sits at $6.95. If the price goes on to break the first support level at $5.87, it is likely to go to the next support level at $5.55. Should the price break the second support level, the third support level stands at $5.33.

ASP Isotopes Inc (NASDAQ: ASPI) Key Stats

There are currently 71,390K shares outstanding in the company with a market cap of 441.90 million. Presently, the company’s annual sales total 430 K according to its annual income of -16,290 K. Last quarter, the company’s sales amounted to 1,090 K and its income totaled -7,270 K.