A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. ASP Isotopes Inc’s current trading price is -40.51% away from its 52-week high, while its distance from the 52-week low is 236.36%. The stock’s price range for this time frame has been between $1.65 and $9.33. The trading volume of the company’s shares in the Basic Materials reached around 3.83 million for the day, which was evidently lower than the average daily volume of 4.36 million over the last three months.
The market performance of ASP Isotopes Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $9.33 on 11/11/24, with the lowest value for the same timeframe being $1.65, recorded on 01/04/24.
How Financial Performance Impacts Market Capitalization
ASP Isotopes Inc (ASPI) has experienced a quarterly rise of 134.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 438.05M and boasts a workforce of 76 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.89, with a change in price of +2.01. Similarly, ASP Isotopes Inc recorded 3,181,331 in trading volume during the last 100 days, posting a change of +56.78%.
How ASPI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ASPI stands at 0.93. Similarly, the long-term debt-to-equity ratio is also 0.89.
ASPI Stock Stochastic Average
ASP Isotopes Inc’s raw stochastic average for the past 50 days is currently at 43.75%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 13.90%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.85% and 12.56%, respectively.
ASPI Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 210.06%. However, over the past six months, we’ve seen a weaker performance of 8.61%. The price of ASPI leaped by -19.57% over the last 30 days. And in the last five days, it has fallen by -28.02%.