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In the latest session, Aspen Aerogels Inc. (NYSE: ASPN) closed at $24.82 down -7.84% from its previous closing price of $26.93. In other words, the price has decreased by -$7.84 from its previous closing price. On the day, 1.51 million shares were traded. ASPN stock price reached its highest trading level at $27.16 during the session, while it also had its lowest trading level at $24.8.
Ratios:
For a deeper understanding of Aspen Aerogels Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.29 and its Current Ratio is at 4.01. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.29.
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, ROTH MKM on March 06, 2024, initiated with a Buy rating and assigned the stock a target price of $22.
On March 20, 2023, The Benchmark Company Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $14.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 29 ’24 when Young Donald R sold 176,746 shares for $29.38 per share. The transaction valued at 5,192,797 led to the insider holds 622,880 shares of the business.
Young Donald R sold 256,944 shares of ASPN for $7,511,820 on May 28 ’24. The President and CEO now owns 502,855 shares after completing the transaction at $29.24 per share. On May 22 ’24, another insider, Kool Kathleen, who serves as the Director of the company, sold 4,470 shares for $27.30 each. As a result, the insider received 122,031 and left with 11,685 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 2051020544 and an Enterprise Value of 1935041280. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.57 while its Price-to-Book (P/B) ratio in mrq is 3.84. Its current Enterprise Value per Revenue stands at 6.727 whereas that against EBITDA is -559.746.
Stock Price History:
Over the past 52 weeks, ASPN has reached a high of $31.74, while it has fallen to a 52-week low of $5.32. The 50-Day Moving Average of the stock is -8.65%, while the 200-Day Moving Average is calculated to be 49.55%.
Shares Statistics:
For the past three months, ASPN has traded an average of 1.35M shares per day and 1073564 over the past ten days. A total of 76.50M shares are outstanding, with a floating share count of 74.75M. Insiders hold about 1.86% of the company’s shares, while institutions hold 93.18% stake in the company. Shares short for ASPN as of 1719532800 were 4312125 with a Short Ratio of 3.20, compared to 1717113600 on 3704895. Therefore, it implies a Short% of Shares Outstanding of 4312125 and a Short% of Float of 7.8.
