Stock Surge: Aspen Aerogels Inc. (ASPN) Closes at 19.00, Marking a -2.06 Increase/Decrease

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In the latest session, Aspen Aerogels Inc. (NYSE: ASPN) closed at $19.00 down -2.06% from its previous closing price of $19.40. In other words, the price has decreased by -$2.06 from its previous closing price. On the day, 2.9 million shares were traded. ASPN stock price reached its highest trading level at $19.9378 during the session, while it also had its lowest trading level at $18.95.

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 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:

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 1620791168 and an Enterprise Value of 1523955456. As of this moment, Aspen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1496.06, and their Forward P/E ratio for the next fiscal year is 38.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.74 while its Price-to-Book (P/B) ratio in mrq is 2.83. Its current Enterprise Value per Revenue stands at 4.266 whereas that against EBITDA is 41.349.

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 $7.17. The 50-Day Moving Average of the stock is -25.58%, while the 200-Day Moving Average is calculated to be -11.80%.

Shares Statistics:

For the past three months, ASPN has traded an average of 2.17M shares per day and 3471100 over the past ten days. A total of 81.41M shares are outstanding, with a floating share count of 79.99M. Insiders hold about 1.74% of the company’s shares, while institutions hold 87.27% stake in the company. Shares short for ASPN as of 1728950400 were 8519610 with a Short Ratio of 3.92, compared to 1726185600 on 5991764. Therefore, it implies a Short% of Shares Outstanding of 8519610 and a Short% of Float of 15.129999999999999.

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