Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Aspen Aerogels Inc (NYSE: ASPN) was $5.57 for the day, up 0.36% from the previous closing price of $5.55. In other words, the price has increased by $0.36 from its previous closing price. On the day, 0.98 million shares were traded. ASPN stock price reached its highest trading level at $5.71 during the session, while it also had its lowest trading level at $5.4.
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 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:
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 457323744 and an Enterprise Value of 433571648. As of this moment, Aspen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.82, and their Forward P/E ratio for the next fiscal year is 9.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.958 whereas that against EBITDA is 5.12.
Stock Price History:
The Beta on a monthly basis for ASPN is 2.72, which has changed by -0.64431673 over the last 52 weeks, in comparison to a change of 0.097913146 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 $4.80. The 50-Day Moving Average of the stock is -16.64%, while the 200-Day Moving Average is calculated to be -65.26%.
Shares Statistics:
ASPN traded an average of 1.98M shares per day over the past three months and 1316960 shares per day 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 89.76% stake in the company. Shares short for ASPN as of 1744675200 were 9133457 with a Short Ratio of 4.62, compared to 1741910400 on 8924843. Therefore, it implies a Short% of Shares Outstanding of 9133457 and a Short% of Float of 13.3.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
