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.
In the latest session, Aspen Aerogels Inc (NYSE: ASPN) closed at $6.35 down -0.63% from its previous closing price of $6.39. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 1.12 million shares were traded. ASPN stock price reached its highest trading level at $6.4555 during the session, while it also had its lowest trading level at $6.255.
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 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:
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 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 521365472 and an Enterprise Value of 497577792. As of this moment, Aspen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.84, and their Forward P/E ratio for the next fiscal year is 11.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 1.099 whereas that against EBITDA is 5.876.
Stock Price History:
The Beta on a monthly basis for ASPN is 2.35, which has changed by -0.62778425 over the last 52 weeks, in comparison to a change of 0.08089435 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 $6.23. The 50-Day Moving Average of the stock is -28.41%, while the 200-Day Moving Average is calculated to be -64.45%.
Shares Statistics:
For the past three months, ASPN has traded an average of 1.93M shares per day and 1434650 over the past ten days. A total of 82.04M shares are outstanding, with a floating share count of 80.69M. Insiders hold about 1.72% of the company’s shares, while institutions hold 89.52% stake in the company. Shares short for ASPN as of 1741910400 were 8924843 with a Short Ratio of 4.62, compared to 1739491200 on 11466276. Therefore, it implies a Short% of Shares Outstanding of 8924843 and a Short% of Float of 12.989999999999998.
