The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. ASP Isotopes Inc shares valued at $36,651 were purchased by Ryan Robert John Andrew on Jan 29 ’24. At $2.35 per share, Ryan Robert John Andrew acquired 15,596 shares. The insider’s holdings grew to 537,055 shares worth approximately $1.66 million following the completion of this transaction.
Also, Ryan Robert John Andrew purchased 100 shares, netting a total of over 254 in proceeds. Following the buying of shares at $2.54 each, the insider now holds 521,459 shares.
Before that, Ryan Robert John Andrew had added 100 shares to its account. In a trade valued at $191, the Director bought ASP Isotopes Inc shares for $1.91 each. Upon closing the transaction, the insider’s holdings increased to 100 shares, worth approximately $1.61 million.
As published in their initiating research note from H.C. Wainwright on December 05, 2023, ASP Isotopes Inc [ASPI] has been a Buy and the price target has been revised to $3.25.
Analyzing ASPI Stock Performance
During the last five days, there has been a drop of approximately -15.34%. Over the course of the year, ASP Isotopes Inc shares have jumped approximately 72.63%. Shares of the company reached a 52-week high of $4.97 on 03/22/24 and a 52-week low of $1.65 on 01/04/24. A 50-day SMA is recorded $3.65, while a 200-day SMA reached $1.97. Nevertheless, trading volume fell to 0.88 million shares from 0.62 million shares the previous day.
Support And Resistance Levels for ASP Isotopes Inc (ASPI)
According to the 24-hour chart, there is a support level at 2.93, which, if violated, would cause prices to drop to 2.76. In the upper region, resistance lies at 3.24. The next price resistance is at 3.38. RSI (Relative Strength Index) is 38.14 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.44, which suggests the price will decrease in the coming days. Percent R is at 87.41%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
