Aspen Aerogels Inc. [NYSE: ASPN] gained 5.66% or 0.62 points to close at $11.57 with a heavy trading volume of 3726513 shares.
It opened the trading session at $10.99, the shares rose to $14.63 and dropped to $10.62, the range by which the price of stock traded the whole day. The daily chart for ASPN points out that the company has recorded 83.94% gains over the past six months. However, it is still -182.89% lower than its most recent low trading price.
If we look at the average trading volume of 133.65K shares, ASPN reached to a volume of 3726513 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Aspen Aerogels Inc. [ASPN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ASPN shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ASPN stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northland Capital have made an estimate for Aspen Aerogels Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 09, 2020. While these analysts kept the previous recommendation, B. Riley FBR raised their target price to Buy. The new note on the price target was released on January 23, 2020, representing the official price target for Aspen Aerogels Inc. stock. On February 24, 2017, analysts decreased their price target for ASPN shares from 8 to 6.
The Average True Range (ATR) for Aspen Aerogels Inc. is set at 0.87, with the Price to Sales ratio for ASPN stock in the period of the last 12 months amounting to 2.16. The Price to Book ratio for the last quarter was 4.61, with the Price to Cash per share for the same quarter was set at 0.53.
Trading performance analysis for ASPN stock
Aspen Aerogels Inc. [ASPN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.67. With this latest performance, ASPN shares gained by 35.48% in over the last four-week period, additionally plugging by 83.94% over the last 6 months – not to mention a rise of 104.78% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ASPN stock in for the last two-week period is set at 72.60, with the RSI for the last a single of trading hit 73.50, and the three-weeks RSI is set at 69.55 for Aspen Aerogels Inc. [ASPN]. The present Moving Average for the last 50 days of trading for this stock 8.48, while it was recorded at 10.93 for the last single week of trading, and 7.53 for the last 200 days.
Aspen Aerogels Inc. [ASPN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Aspen Aerogels Inc. [ASPN] shares currently have an operating margin of -10.16 and a Gross Margin at +18.86. Aspen Aerogels Inc.’s Net Margin is presently recorded at -10.45.
Return on Total Capital for ASPN is now -19.96, given the latest momentum, and Return on Invested Capital for the company is -21.81. Return on Equity for this stock declined to -22.54, with Return on Assets sitting at -14.38. When it comes to the capital structure of this company, Aspen Aerogels Inc. [ASPN] has a Total Debt to Total Equity ratio set at 14.33. Additionally, ASPN Total Debt to Total Capital is recorded at 12.53, with Total Debt to Total Assets ending up at 8.17. Long-Term Debt to Equity for the company is recorded at 7.28, with the Long-Term Debt to Total Capital now at 6.36.
Reflecting on the efficiency of the workforce at the company, Aspen Aerogels Inc. [ASPN] managed to generate an average of -$47,911 per employee. Receivables Turnover for the company is 4.82 with a Total Asset Turnover recorded at a value of 1.38.Aspen Aerogels Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.50 and a Current Ratio set at 3.30.
Aspen Aerogels Inc. [ASPN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Aspen Aerogels Inc. posted -0.09/share EPS, while the average EPS was predicted by analysts to be reported at -0.1/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 10.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ASPN.
An analysis of insider ownership at Aspen Aerogels Inc. [ASPN]
There are presently around $221 million, or 76.10% of ASPN stock, in the hands of institutional investors. The top three institutional holders of ASPN stocks are: GEORGE KAISER FAMILY FOUNDATION with ownership of 3,167,322, which is approximately 0% of the company’s market cap and around 1.80% of the total institutional ownership; OAKTOP CAPITAL MANAGEMENT II, L.P., holding 2,939,758 shares of the stock with an approximate value of $34.01 million in ASPN stocks shares; and TELEMARK ASSET MANAGEMENT, LLC, currently with $22.85 million in ASPN stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Aspen Aerogels Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 40 institutional holders increased their position in Aspen Aerogels Inc. [NYSE:ASPN] by around 2,285,069 shares. Additionally, 32 investors decreased positions by around 1,865,521 shares, while 10 investors held positions by with 14,967,235 shares. The mentioned changes placed institutional holdings at 19,117,825 shares, according to the latest SEC report filing. ASPN stock had 23 new institutional investments in for a total of 623,804 shares, while 17 institutional investors sold positions of 1,255,949 shares during the same period.