Reasons why ASP Isotopes Inc’s (NASDAQ:ASPI) fundamentals are futile

In Wednesday’s Wall Street session, ASP Isotopes Inc (NASDAQ:ASPI) shares traded at $7.76, up 10.86% from the previous session.

ASPI stock price is now 45.05% away from the 50-day moving average and 64.24% away from the 200-day moving average. The market capitalization of the company currently stands at $582.48M.

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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, Ainscow Robert, Chief Operating Officer sold 66,666 shares of the company’s stock on Apr 15 ’25. The stock was sold for $383,563 at an average price of $5.75. Upon completion of the transaction, the Chief Operating Officer now directly owns 1,553,326 shares in the company, valued at $12.05 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 17 ’25, Chief Operating Officer Ainscow Robert sold 66,668 shares of the business’s stock. A total of $374,761 was realized by selling the stock at an average price of $5.62. This leaves the insider owning 1,419,992 shares of the company worth $11.02 million. A total of 25.54% of the company’s stock is owned by insiders.

During the past 12 months, ASP Isotopes Inc has had a low of $1.86 and a high of $9.33. As of last week, the company has a debt-to-equity ratio of 0.90, a current ratio of 7.21, and a quick ratio of 7.17.

The net profit margin was -831.04% and return on equity was -127.59% for ASPI.

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