Upward Trajectory: Aspen Aerogels Inc (ASPN) Posts a Slidee, Closing at 7.43

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The closing price of Aspen Aerogels Inc (NYSE: ASPN) was $7.43 for the day, down -3.38% from the previous closing price of $7.69. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 1.18 million shares were traded.

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:

As of this moment, Aspen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.78, and their Forward P/E ratio for the next fiscal year is 12.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 0.99.

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 $6.70. The 50-Day Moving Average of the stock is -29.73%, while the 200-Day Moving Average is calculated to be -62.02%.

Shares Statistics:

A total of 82.04M shares are outstanding, with a floating share count of 80.85M. Insiders hold about 1.48% of the company’s shares, while institutions hold 89.52% stake in the company.

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