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After finishing at $4.75 in the prior trading day, AerSale Corp (NASDAQ: ASLE) closed at $4.78, up 0.63%. In other words, the price has increased by $0.63 from its previous closing price. On the day, 0.81 million shares were traded. ASLE stock price reached its highest trading level at $4.825 during the session, while it also had its lowest trading level at $4.66.
Ratios:
Our goal is to gain a better understanding of ASLE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 6.88. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on August 09, 2023, Downgraded its rating to Sector Perform and sets its target price to $15 from $20 previously.
On December 02, 2022, Truist started tracking the stock assigning a Buy rating and target price of $19.
On November 30, 2022, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $21.RBC Capital Mkts initiated its Outperform rating on November 30, 2022, with a $21 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Finazzo Nicolas bought 20,000 shares for $5.36 per share. The transaction valued at 107,122 led to the insider holds 37,000 shares of the business.
Wright Frederick Craig bought 4,000 shares of ASLE for $20,997 on Sep 13 ’24. The insider now owns 195,558 shares after completing the transaction at $5.25 per share. On Sep 04 ’24, another insider, Finazzo Nicolas, who serves as the insider of the company, bought 3,600 shares for $4.86 each. As a result, the insider paid 17,478 and bolstered with 6,600 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASLE now has a Market Capitalization of 254330912 and an Enterprise Value of 346148128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 0.976 whereas that against EBITDA is 29.7.
Stock Price History:
The Beta on a monthly basis for ASLE is 0.24, which has changed by -0.7042341 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, ASLE has reached a high of $16.69, while it has fallen to a 52-week low of $4.70. The 50-Day Moving Average of the stock is -10.18%, while the 200-Day Moving Average is calculated to be -36.54%.
Shares Statistics:
The stock has traded on average 328.43K shares per day over the past 3-months and 361500 shares per day over the last 10 days, according to various share statistics. A total of 52.95M shares are outstanding, with a floating share count of 28.92M. Insiders hold about 45.64% of the company’s shares, while institutions hold 54.51% stake in the company. Shares short for ASLE as of 1726185600 were 3670524 with a Short Ratio of 11.18, compared to 1723680000 on 4258537. Therefore, it implies a Short% of Shares Outstanding of 3670524 and a Short% of Float of 10.9799996.
