Market Watch Highlights: Aspen Aerogels Inc (ASPN) Ends on an Upturn Note at 14.30

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As of close of business last night, Aspen Aerogels Inc’s stock clocked out at $14.30, up 7.04% from its previous closing price of $13.36. In other words, the price has increased by $7.04 from its previous closing price. On the day, 1.84 million shares were traded. ASPN stock price reached its highest trading level at $14.53 during the session, while it also had its lowest trading level at $13.51.

Ratios:

To gain a deeper understanding of ASPN’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1173276288 and an Enterprise Value of 1263508224. As of this moment, Aspen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1276.79, and their Forward P/E ratio for the next fiscal year is 30.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.81 while its Price-to-Book (P/B) ratio in mrq is 2.17. Its current Enterprise Value per Revenue stands at 3.053 whereas that against EBITDA is 18.136.

Stock Price History:

Over the past 52 weeks, ASPN has reached a high of $33.15, while it has fallen to a 52-week low of $10.75. The 50-Day Moving Average of the stock is -23.11%, while the 200-Day Moving Average is calculated to be -34.72%.

Shares Statistics:

It appears that ASPN traded 2.54M shares on average per day over the past three months and 1830210 shares per day over the past ten days. A total of 82.05M shares are outstanding, with a floating share count of 80.69M. Insiders hold about 1.65% of the company’s shares, while institutions hold 85.97% stake in the company. Shares short for ASPN as of 1731628800 were 9260862 with a Short Ratio of 3.64, compared to 1728950400 on 8519610. Therefore, it implies a Short% of Shares Outstanding of 9260862 and a Short% of Float of 15.129999999999999.

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