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The price of AerSale Corp (NASDAQ: ASLE) closed at $6.78 in the last session, down -7.76% from day before closing price of $7.35. In other words, the price has decreased by -$7.76 from its previous closing price. On the day, 0.51 million shares were traded. ASLE stock price reached its highest trading level at $7.36 during the session, while it also had its lowest trading level at $6.78.
Ratios:
We take a closer look at ASLE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 7.17. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.17.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 14 ’24 when Finazzo Nicolas bought 3,000 shares for $6.83 per share. The transaction valued at 20,490 led to the insider holds 3,000 shares of the business.
KEHLER CLAUDE ROBERT bought 2,000 shares of ASLE for $15,220 on May 21 ’24. The Director now owns 36,941 shares after completing the transaction at $7.61 per share. On May 20 ’24, another insider, Fedder Judith Ann, who serves as the Director of the company, bought 2,500 shares for $7.74 each. As a result, the insider paid 19,350 and bolstered with 18,848 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 359401024 and an Enterprise Value of 441092192. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 1.272 whereas that against EBITDA is 80.272.
Stock Price History:
Over the past 52 weeks, ASLE has reached a high of $16.69, while it has fallen to a 52-week low of $6.26. The 50-Day Moving Average of the stock is -3.96%, while the 200-Day Moving Average is calculated to be -31.17%.
Shares Statistics:
According to the various share statistics, ASLE traded on average about 320.29K shares per day over the past 3-months and 284080 shares per day over the past 10 days. A total of 52.95M shares are outstanding, with a floating share count of 28.84M. Insiders hold about 45.60% of the company’s shares, while institutions hold 55.40% stake in the company. Shares short for ASLE as of 1721001600 were 4400122 with a Short Ratio of 13.74, compared to 1718323200 on 4637840. Therefore, it implies a Short% of Shares Outstanding of 4400122 and a Short% of Float of 13.239999.
