Aspen Aerogels Inc [NYSE: ASPN] traded at a low on Wednesday, posting a -3.21 loss after which it closed the day’ session at $11.75.
The results of the trading session contributed to over 3742712 shares changing hands. Over the past one week, the price volatility of Aspen Aerogels Inc stands at 6.22% while the volatility over the past one month is 5.62%.
The market cap for ASPN stock reached $964.05 million, with 82.05 million shares outstanding and 80.83 million shares in the current float. Compared to the average trading volume of 1.78M shares, ASPN reached a trading volume of 3742712 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $27.18 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 1.09. 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.
Barclays have made an estimate for Aspen Aerogels Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 06, 2024. While these analysts kept the previous recommendation, ROTH MKM raised their target price to Buy. The new note on the price target was released on March 06, 2024, representing the official price target for Aspen Aerogels Inc stock. Previously, the target price had yet another raise to $14, while The Benchmark Company analysts kept a Buy rating on ASPN stock.
The Average True Range (ATR) for Aspen Aerogels Inc is set at 0.71, with the Price to Sales ratio for ASPN stock in the period of the last 12 months amounting to 2.33. The Price to Book ratio for the last quarter was 1.79, with the Price to Cash per share for the same quarter was set at 1.39.
How has ASPN stock performed recently?
Aspen Aerogels Inc [ASPN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.17. With this latest performance, ASPN shares dropped by -7.70% in over the last four-week period, additionally sinking by -49.00% over the last 6 months – not to mention a drop of -2.08% 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 46.18, with the RSI for the last a single of trading hit 48.57, and the three-weeks RSI is set at 43.99 for Aspen Aerogels Inc [ASPN]. The present Moving Average for the last 50 days of trading for this stock 12.53, while it was recorded at 11.80 for the last single week of trading, and 21.01 for the last 200 days.
Aspen Aerogels Inc [ASPN]: Deeper insight into the fundamentals
Aspen Aerogels Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.48 and a Current Ratio set at 2.93.
Earnings analysis for Aspen Aerogels Inc [ASPN]
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Aspen Aerogels Inc go to 91.83%.
Insider trade positions for Aspen Aerogels Inc [ASPN]
There are presently around $91.18%, or 92.96%% of ASPN stock, in the hands of institutional investors. The top three institutional holders of ASPN stocks are: KIM, LLC with ownership of 12.28 million shares, which is approximately 16.209%. BLACKROCK INC., holding 4.49 million shares of the stock with an approximate value of $$107.14 million in ASPN stocks shares; and BLACKROCK INC., currently with $$95.77 million in ASPN stock with ownership which is approximately 5.2999%.
