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 -44.05% away from its 52-week high, while its distance from the 52-week low is 180.65%. The stock’s price range for this time frame has been between $1.86 and $9.33. The trading volume of the company’s shares in the Basic Materials reached around 4.36 million for the day, which was evidently lower than the average daily volume of 5.31 million over the last three months.
ASP Isotopes Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $9.33 on 11/11/24, with the lowest value being $1.86 on 08/05/24.
How Financial Performance Impacts Market Capitalization
ASP Isotopes Inc (ASPI) has experienced a quarterly rise of 5.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 372.65M 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 4.80, with a change in price of +2.85. Similarly, ASP Isotopes Inc recorded 3,807,019 in trading volume during the last 100 days, posting a change of +120.25%.
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 23.08%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 36.20%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 74.37% and 88.61%, respectively.
ASPI Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a gain of 15.23%.However, over the last six months, we can see a weaker performance of 93.33%. Over the last 30 days, the price of ASPI has fallen by 14.47%. And in the last five days, it has fallen by -7.77%.