For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Aspen Aerogels Inc (NYSE: ASPN) was $12.00 for the day, up 4.62% from the previous closing price of $11.47. In other words, the price has increased by $4.62 from its previous closing price. On the day, 1.78 million shares were traded. ASPN stock price reached its highest trading level at $12.0599 during the session, while it also had its lowest trading level at $11.42.
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 2.48 and its Current Ratio is at 2.93. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.34.
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 this company, Barclays on August 06, 2024, initiated with a Overweight rating and assigned the stock a target price of $27.
On March 06, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $22.
The Benchmark Company Upgraded its Hold to Buy on March 20, 2023, while the target price for the stock was maintained at $14.
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 984567552 and an Enterprise Value of 1074799488. As of this moment, Aspen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1071.43, and their Forward P/E ratio for the next fiscal year is 28.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 2.597 whereas that against EBITDA is 15.427.
Stock Price History:
The Beta on a monthly basis for ASPN is 2.22, which has changed by -0.19958133 over the last 52 weeks, in comparison to a change of 0.21659255 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 $10.67. The 50-Day Moving Average of the stock is -4.95%, while the 200-Day Moving Average is calculated to be -43.00%.
Shares Statistics:
ASPN traded an average of 1.82M shares per day over the past three months and 1376810 shares per day over the past ten days. A total of 82.05M shares are outstanding, with a floating share count of 80.59M. Insiders hold about 1.78% of the company’s shares, while institutions hold 86.66% stake in the company. Shares short for ASPN as of 1736899200 were 10514750 with a Short Ratio of 5.79, compared to 1734048000 on 8975553. Therefore, it implies a Short% of Shares Outstanding of 10514750 and a Short% of Float of 17.18.
