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The closing price of Aspen Aerogels Inc. (NYSE: ASPN) was $27.32 for the day, up 1.26% from the previous closing price of $26.98. In other words, the price has increased by $1.26 from its previous closing price. On the day, 0.9 million shares were traded. ASPN stock price reached its highest trading level at $27.54 during the session, while it also had its lowest trading level at $26.42.
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 2.82 and its Current Ratio is at 3.46. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 Aug 26 ’24 when RODRIGUEZ RICARDO C. sold 32,465 shares for $30.14 per share. The transaction valued at 978,387 led to the insider holds 20,790 shares of the business.
RICARDO RODRIGUEZ bought 32,465 shares of ASPN for $978,495 on Aug 26 ’24. On May 28 ’24, another insider, Young Donald R, who serves as the President and CEO of the company, sold 256,944 shares for $29.24 each. As a result, the insider received 7,511,820 and left with 502,855 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 2105882880 and an Enterprise Value of 2165278208. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.89 while its Price-to-Book (P/B) ratio in mrq is 4.07. Its current Enterprise Value per Revenue stands at 6.061 whereas that against EBITDA is 58.75.
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 $6.51. The 50-Day Moving Average of the stock is 9.87%, while the 200-Day Moving Average is calculated to be 33.92%.
Shares Statistics:
ASPN traded an average of 1.63M shares per day over the past three months and 1566270 shares per day over the past ten days. A total of 76.50M shares are outstanding, with a floating share count of 75.68M. Insiders hold about 1.82% of the company’s shares, while institutions hold 92.03% stake in the company. Shares short for ASPN as of 1724976000 were 5515870 with a Short Ratio of 3.39, compared to 1722384000 on 4473352. Therefore, it implies a Short% of Shares Outstanding of 5515870 and a Short% of Float of 9.810001.
