Rathbones Group PLC Has $966,000 Stock Position in ASP Isotopes Inc. (NASDAQ:ASPI)

Key Points

• Rathbones Group PLC increased its stake in ASP Isotopes Inc. by 16.9%, owning approximately 205,929 shares valued at $966,000 as of the latest filing.
• ASP Isotopes Inc. has a current market capitalization of $925.42 million and its stock has traded between a 12-month low of $1.95 and a high of $11.68.
• Analysts from Canaccord Genuity Group raised their target price for ASP Isotopes from $8.50 to $11.00 and issued a "buy" rating on the company.

Rathbones Group PLC raised its stake in ASP Isotopes Inc. (NASDAQ:ASPI - Free Report) by 16.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 205,929 shares of the company's stock after acquiring an additional 29,830 shares during the quarter. Rathbones Group PLC owned about 0.27% of ASP Isotopes worth $966,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. AWM Investment Company Inc. increased its stake in shares of ASP Isotopes by 16.0% during the fourth quarter. AWM Investment Company Inc. now owns 4,246,186 shares of the company's stock worth $19,235,000 after purchasing an additional 586,600 shares during the period. Geode Capital Management LLC boosted its stake in ASP Isotopes by 5.1% in the 4th quarter. Geode Capital Management LLC now owns 1,175,450 shares of the company's stock valued at $5,326,000 after purchasing an additional 57,027 shares during the period. Two Sigma Investments LP acquired a new position in ASP Isotopes in the 4th quarter valued at $1,980,000. Northern Trust Corp grew its holdings in ASP Isotopes by 15.5% in the 4th quarter. Northern Trust Corp now owns 435,688 shares of the company's stock valued at $1,974,000 after buying an additional 58,525 shares in the last quarter. Finally, Nuveen Asset Management LLC increased its position in ASP Isotopes by 672.1% during the 4th quarter. Nuveen Asset Management LLC now owns 413,346 shares of the company's stock worth $1,872,000 after buying an additional 359,811 shares during the period. 16.80% of the stock is currently owned by institutional investors and hedge funds.

ASP Isotopes Stock Performance

NASDAQ ASPI opened at $11.03 on Thursday. The firm has a 50-day moving average price of $8.59 and a two-hundred day moving average price of $6.59. ASP Isotopes Inc. has a 12-month low of $1.95 and a 12-month high of $11.68. The company has a market capitalization of $925.42 million, a P/E ratio of -18.08 and a beta of 3.36. The company has a quick ratio of 7.17, a current ratio of 7.21 and a debt-to-equity ratio of 0.80.

Analyst Ratings Changes

Separately, Canaccord Genuity Group boosted their target price on shares of ASP Isotopes from $8.50 to $11.00 and gave the company a "buy" rating in a research report on Wednesday, May 21st.

ASP Isotopes Profile

ASP Isotopes Inc, a development stage advanced materials company, focuses on the production, distribution, marketing, and sale of isotopes. It engages in the production and commercialization of Molybdenum-100, a non-radioactive isotope for the medical industry; Carbon-14; and Silicon-28. The company is also developing Quantum Enrichment technology to produce Ytterbium-176, Nickel-64, Lithium 6, Lithium7, and Uranium-235.

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