Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Aspen Aerogels Inc (NYSE: ASPN) was $7.35 for the day, down -0.41% from the previous closing price of $7.38. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 1.05 million shares were traded. ASPN stock price reached its highest trading level at $7.525 during the session, while it also had its lowest trading level at $7.2346.
Ratios:
Our analysis of ASPN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.29 and its Current Ratio is at 3.72. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.28.
On August 06, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $27.Barclays initiated its Overweight rating on August 06, 2024, with a $27 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 30 ’24 when Young Donald R sold 63,355 shares for $30.03 per share. The transaction valued at 1,902,551 led to the insider holds 483,640 shares of the business.
Donald R. Young bought 134,629 shares of ASPN for $3,718,452 on Sep 30 ’24. On Aug 26 ’24, another insider, RODRIGUEZ RICARDO C., who serves as the CFO & Treasurer of the company, sold 32,465 shares for $30.14 each. As a result, the insider received 978,387 and left with 20,790 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, ASPN now has a Market Capitalization of 603135104 and an Enterprise Value of 579636992. As of this moment, Aspen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.27, and their Forward P/E ratio for the next fiscal year is 12.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 1.28 whereas that against EBITDA is 6.846.
Stock Price History:
The Beta on a monthly basis for ASPN is 2.29, which has changed by -0.52117264 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, ASPN has reached a high of $33.15, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is -27.79%, while the 200-Day Moving Average is calculated to be -61.60%.
Shares Statistics:
ASPN traded an average of 1.99M shares per day over the past three months and 1522540 shares per day over the past ten days. A total of 82.04M shares are outstanding, with a floating share count of 80.65M. Insiders hold about 1.72% of the company’s shares, while institutions hold 89.57% stake in the company. Shares short for ASPN as of 1740700800 were 9718430 with a Short Ratio of 4.90, compared to 1738281600 on 10812422. Therefore, it implies a Short% of Shares Outstanding of 9718430 and a Short% of Float of 15.879999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
