ASPN has 36-month beta value of 2.16. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ASPN is 75.68M, and currently, short sellers hold a 7.92% ratio of that float. The average trading volume of ASPN on September 25, 2024 was 1.62M shares.
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ASPN) stock’s latest price update
Aspen Aerogels Inc. (NYSE: ASPN)’s stock price has plunge by -0.92relation to previous closing price of 27.32. Nevertheless, the company has seen a 8.80% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-18 that Aspen Aerogel’s unique aerogels offer unmatched thermal insulation, driving growth in legacy energy markets and the booming electric vehicle sector. The company’s thermal barrier segment saw explosive growth, with a 98% increase year-over-year in 2023, leveraging its technology for EV battery protection. Aspen’s gross margins expanded significantly by outsourcing energy industrial manufacturing, focusing on the high-demand thermal barrier business without needing new plant investments.
ASPN’s Market Performance
Aspen Aerogels Inc. (ASPN) has experienced a 8.80% rise in stock performance for the past week, with a -10.54% drop in the past month, and a 10.18% rise in the past quarter. The volatility ratio for the week is 7.99%, and the volatility levels for the past 30 days are at 7.25% for ASPN. The simple moving average for the last 20 days is 3.78% for ASPN stock, with a simple moving average of 32.20% for the last 200 days.
Analysts’ Opinion of ASPN
Many brokerage firms have already submitted their reports for ASPN stocks, with Barclays repeating the rating for ASPN by listing it as a “Overweight.” The predicted price for ASPN in the upcoming period, according to Barclays is $27 based on the research report published on August 06, 2024 of the current year 2024.
ROTH MKM, on the other hand, stated in their research note that they expect to see ASPN reach a price target of $22. The rating they have provided for ASPN stocks is “Buy” according to the report published on March 06th, 2024.
The Benchmark Company gave a rating of “Buy” to ASPN, setting the target price at $14 in the report published on March 20th of the previous year.
ASPN Trading at 8.84% from the 50-Day Moving Average
After a stumble in the market that brought ASPN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.34% of loss for the given period.
Volatility was left at 7.25%, however, over the last 30 days, the volatility rate increased by 7.99%, as shares sank -8.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.41% upper at present.
During the last 5 trading sessions, ASPN rose by +9.77%, which changed the moving average for the period of 200-days by +133.82% in comparison to the 20-day moving average, which settled at $25.95. In addition, Aspen Aerogels Inc. saw 71.55% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASPN starting from RODRIGUEZ RICARDO C., who sale 32,465 shares at the price of $30.14 back on Aug 26 ’24. After this action, RODRIGUEZ RICARDO C. now owns 20,790 shares of Aspen Aerogels Inc., valued at $978,387 using the latest closing price.
RICARDO RODRIGUEZ, the Officer of Aspen Aerogels Inc., proposed sale 32,465 shares at $30.14 during a trade that took place back on Aug 26 ’24, which means that RICARDO RODRIGUEZ is holding shares at $978,495 based on the most recent closing price.
Stock Fundamentals for ASPN
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.36 for the gross margin
The net margin for Aspen Aerogels Inc. stands at 0.0. The total capital return value is set at 0.02. Equity return is now at value 0.30, with 0.20 for asset returns.
Based on Aspen Aerogels Inc. (ASPN), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -0.17. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 1.58.
Currently, EBITDA for the company is -31.03 million with net debt to EBITDA at 2.0. When we switch over and look at the enterprise to sales, we see a ratio of 6.01. The receivables turnover for the company is 3.06for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.46.
Conclusion
To put it simply, Aspen Aerogels Inc. (ASPN) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
