ASP Isotopes Inc.’s filing revealed that its Director Moore Duncan acquired Company’s shares for reported $49990.0 on Jun 29. In the deal valued at $0.50 per share,100,000 shares were bought. As a result of this transaction, Moore Duncan now holds 550,000 shares worth roughly $ 0.64 million.
Then, Moore Duncan bought 20,000 shares, generating $6,230 in total proceeds. Upon buying the shares at $0.31, the Director now owns 450,000 shares.
Before that, Moore Duncan bought 10,000 shares. ASP Isotopes Inc. shares valued at $5,000 were divested by the Director at a price of $0.50 per share. As a result of the transaction, Moore Duncan now holds 430,000 shares, worth roughly $0.5 million.
Price Performance Review of ASPI
On Friday, ASP Isotopes Inc. [NASDAQ:ASPI] saw its stock fall -2.50% to $1.17. On the same session, the stock had its day’s lowest price of $1.16, but rose to a high of $1.245. Over the last five days, the stock has lost -6.40%. ASP Isotopes Inc. shares have fallen nearly -25.95% since the year began. SMA at 50 days reached $0.9775, while 200 days put it at $1.1877. A total of 65001.0 shares were traded, compared to the trading of 0.1 million shares in the previous session.
Levels Of Support And Resistance For ASPI Stock
The 24-hour chart illustrates a support level at 1.1383, which if violated will result in even more drops to 1.1067. On the upside, there is a resistance level at 1.2233. A further resistance level may holdings at 1.2767. The Relative Strength Index (RSI) on the 14-day chart is 49.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0015, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.89%. Stochastics %K at 52.12% indicates the stock is a holding.
How much short interest is there in ASP Isotopes Inc.?
A steep rise in short interest was recorded in ASP Isotopes Inc. stocks on Aug 14, 2023, growing by 0.15 million shares to a total of 0.21 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 60780.0 shares. There was a rise of 71.66%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 0.92% of the overall stock float, the days-to-cover ratio (short ratio) rose to 0.66.
ASP Isotopes Inc. [ASPI] – Who Are The Largest Shareholders?
In filings from Renaissance Technologies LLC, it is revealed that the company now owns 479,000 shares, or roughly 1.28% of the outstanding ASPI shares. Additionally, Warberg Asset Management LLC increased 271.89% of its stake after which the total value it holdings stand at $61,292. Over the last quarter, Millennium Management LLC sold -28,654 shares of ASP Isotopes Inc., while Armistice Capital LLC sold -3,164,557 shares. At present, G1 Execution Services LLC is holding 0 shares valued at $0.0. Virtu Financial BD LLC owned 0 shares of the company at the time of its most recent 13F filing, worth $0.0.
According to FactSet, ASP Isotopes Inc.’s share price will average $3.00 in the next year, based on opinions of analysts polled by the firm. This is up nearly 150.0 percent from its previous closing price of $1.20. Analysts expect ASP Isotopes Inc. stock to reach the higher price of $3.00, while the lowest price estimate is $3.00. However, 1 analyst have rated ASPI stock as a Buy in their predictions for 2023.