Aspen Aerogels Inc. (NYSE: ASPN) is 35.99% higher on its value in year-to-date trading and has touched a low of $5.32 and a high of $31.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ASPN stock was last observed hovering at around $18.50 in the last trading session, with the day’s gains setting it 2.96%.
Currently trading at $21.46, the stock is -4.95% and -15.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.41 million and changing 16.00% at the moment leaves the stock 21.38% off its SMA200. ASPN registered 215.12% gain for a year compared to 6-month gain of 89.07%.
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The stock witnessed a -11.40% loss in the last 1 month and extending the period to 3 months gives it a -19.41%, and is 3.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.11% over the week and 7.36% over the month.
Aspen Aerogels Inc. (ASPN) has around 548 employees, a market worth around $1.63B and $357.25M in sales. Fwd P/E is 35.94. Profit margin for the company is 0.39%. Distance from 52-week low is 303.00% and -32.39% from its 52-week high. The company has generated returns on investments over the last 12 months (0.21%).
The EPS is expected to grow by 115.46% this year
The shares outstanding are 76.50M, and float is at 74.75M with Short Float at 6.20%.
Aspen Aerogels Inc. (ASPN) Insider Activity
The most recent transaction is an insider sale by Young Donald R, the company’s President and CEO. SEC filings show that Young Donald R sold 176,746 shares of the company’s common stock on May 29 ’24 at a price of $29.38 per share for a total of $5.19 million. Following the sale, the insider now owns 0.62 million shares.
Aspen Aerogels Inc. disclosed in a document filed with the SEC on May 28 ’24 that Young Donald R (President and CEO) sold a total of 256,944 shares of the company’s common stock. The trade occurred on May 28 ’24 and was made at $29.24 per share for $7.51 million. Following the transaction, the insider now directly holds 0.5 million shares of the ASPN stock.
Still, SEC filings show that on May 22 ’24, Kool Kathleen (Director) disposed off 4,470 shares at an average price of $27.30 for $0.12 million. The insider now directly holds 11,685 shares of Aspen Aerogels Inc. (ASPN).
