ASP Isotopes Inc. (NASDAQ:ASPI – Get Free Report) Director Todd Wider sold 50,000 shares of the stock in a transaction on Monday, June 29th. The shares were sold at an average price of $6.25, for a total transaction of $312,500.00. Following the completion of the transaction, the director directly owned 722,247 shares in the company, valued at $4,514,043.75. This trade represents a 6.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
ASP Isotopes Stock Performance
Shares of ASPI stock traded down $0.05 during mid-day trading on Wednesday, hitting $6.17. 3,923,284 shares of the stock were exchanged, compared to its average volume of 4,990,399. The stock’s fifty day simple moving average is $6.24 and its two-hundred day simple moving average is $5.90. The company has a debt-to-equity ratio of 0.69, a quick ratio of 4.37 and a current ratio of 4.39. ASP Isotopes Inc. has a 12-month low of $3.92 and a 12-month high of $14.49. The stock has a market capitalization of $776.80 million, a price-to-earnings ratio of -2.97 and a beta of 3.51.
ASP Isotopes (NASDAQ:ASPI – Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The company reported ($0.22) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.06. ASP Isotopes had a negative return on equity of 112.46% and a negative net margin of 644.40%.The company had revenue of $8.36 million during the quarter, compared to analysts’ expectations of $3.68 million.
Institutional Inflows and Outflows
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of ASP Isotopes in a research note on Wednesday, June 24th. Canaccord Genuity Group reiterated a “buy” rating and set a $11.00 price objective on shares of ASP Isotopes in a research report on Tuesday, April 14th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $13.00.
View Our Latest Stock Analysis on ASPI
ASP Isotopes Company Profile
ASP Isotopes Inc, a development stage advanced materials company, focuses on the production, distribution, marketing, and sale of isotopes. It engages in the production and commercialization of Molybdenum-100, a non-radioactive isotope for the medical industry; Carbon-14; and Silicon-28. The company is also developing Quantum Enrichment technology to produce Ytterbium-176, Nickel-64, Lithium 6, Lithium7, and Uranium-235. ASP Isotopes Inc was incorporated in 2021 and is headquartered in Washington, District Of Columbia.
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