Aspen Aerogels Inc. (NYSE: ASPN) is 69.84% higher on its value in year-to-date trading and has touched a low of $5.94 and a high of $33.15 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 $26.31 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $26.80, the stock is 0.90% and 8.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing 1.86% at the moment leaves the stock 38.23% off its SMA200. ASPN registered 321.38% gain for a year compared to 6-month gain of 64.01%.
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The stock witnessed a 42.25% loss in the last 1 month and extending the period to 3 months gives it a -7.62%, and is -10.43% down 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 6.92% over the week and 8.19% over the month.
Aspen Aerogels Inc. (ASPN) has around 548 employees, a market worth around $2.07B and $357.25M in sales. Fwd P/E is 49.73. Profit margin for the company is 0.39%. Distance from 52-week low is 351.18% and -19.16% from its 52-week high. The company has generated returns on investments over the last 12 months (0.21%).
Aspen Aerogels Inc. quarterly earnings per share for the current quarter are estimated at 0.02 with sales reaching $96.56M over the same period.The EPS is expected to grow by 131.75% this year, but quarterly earnings will post 68.70% year-over-year. Quarterly sales are estimated to grow 86.30% in year-over-year returns.
294.0 institutions hold shares in Aspen Aerogels Inc. (ASPN), with institutional investors hold 97.60% of the company’s shares. The shares outstanding are 76.50M, and float is at 75.66M with Short Float at 6.03%. Institutions hold 80.28% of the Float.
The top institutional shareholder in the company is KIM, LLC with over 12.28 million shares valued at $292.89 million. The investor’s holdings represent 16.209 of the ASPN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.49 million shares valued at $107.14 million to account for 5.9295 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.02 million shares representing 5.2999 and valued at over $95.77 million, while OAKTOP CAPITAL MANAGEMENT II, L.P. holds 4.4092 of the shares totaling 3.34 million with a market value of $79.67 million.
Aspen Aerogels Inc. (ASPN) Insider Activity
The most recent transaction is an insider sale by RODRIGUEZ RICARDO C., the company’s CFO & Treasurer. SEC filings show that RODRIGUEZ RICARDO C. sold 32,465 shares of the company’s common stock on Aug 26 ’24 at a price of $30.14 per share for a total of $0.98 million. Following the sale, the insider now owns 20790.0 shares.
Still, SEC filings show that on May 28 ’24, Young Donald R (President and CEO) disposed off 256,944 shares at an average price of $29.24 for $7.51 million. The insider now directly holds 502,855 shares of Aspen Aerogels Inc. (ASPN).
