Aspen Aerogels Inc. (ASPN) concluded trading on Wednesday at a closing price of $24.73, with 0.43 million shares of worth about $10.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 61.32% during that period and on July 03, 2024 the price saw a gain of about 2.87%. Currently the company’s common shares owned by public are about 76.50M shares, out of which, 74.67M shares are available for trading.
Stock saw a price change of 0.65% in past 5 days and over the past one month there was a price change of -17.24%. Year-to-date (YTD), ASPN shares are showing a performance of 56.72% which increased to 195.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.32 but also hit the highest price of $31.74 during that period. The average intraday trading volume for Aspen Aerogels Inc. shares is 1.29 million. The stock is currently trading -11.01% below its 20-day simple moving average (SMA20), while that difference is down -3.67% for SMA50 and it goes to 56.82% higher than SMA200.
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Aspen Aerogels Inc. (NYSE: ASPN) currently have 76.50M outstanding shares and institutions hold larger chunk of about 93.13% of that.
The stock has a current market capitalization of $1.88B and its 3Y-monthly beta is at 2.15. It has posted earnings per share of -$0.44 in the same period. It has Quick Ratio of 3.29 while making debt-to-equity ratio of 0.30. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ASPN, volatility over the week remained 4.75% while standing at 5.71% over the month.
Stock’s fiscal year EPS is expected to rise by 109.09% while it is estimated to increase by 960.27% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH MKM on March 06, 2024 offering a Buy rating for the stock and assigned a target price of $22 to it. Coverage by The Benchmark Company stated Aspen Aerogels Inc. (ASPN) stock as a Buy in their note to investors on March 20, 2023, suggesting a price target of $14 for the stock. On October 21, 2022, Canaccord Genuity Resumed their recommendations, while on December 10, 2021, The Benchmark Company Initiated their ratings for the stock with a price target of $70. Stock get an Outperform rating from Cowen on October 14, 2021.
