Aspen Aerogels Inc (NYSE: ASPN) is -1.60% lower on its value in year-to-date trading and has touched a low of $10.67 and a high of $33.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ASPN stock was last observed hovering at around $11.75 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $11.69, the stock is -4.51% and -9.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -0.51% at the moment leaves the stock -44.77% off its SMA200. ASPN registered 0.34% gain for a year compared to 6-month loss of -42.72%. The firm has a 50-day simple moving average (SMA 50) of $12.953 and a 200-day simple moving average (SMA200) of $21.1653.
The stock witnessed a -2.75% gain in the last 1 month and extending the period to 3 months gives it a -35.87%, and is 1.39% 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 5.13% over the week and 5.73% over the month.
Aspen Aerogels Inc (ASPN) has around 548 employees, a market worth around $959.13M and $413.83M in sales. Current P/E ratio is 1043.75 and Fwd P/E is 27.98. Profit margin for the company is 0.36%. Distance from 52-week low is 9.56% and -64.74% from its 52-week high. The company has generated returns on investments over the last 12 months (0.22%).
with sales reaching $120.8M over the same period.The EPS is expected to grow by 118.18% this year, but quarterly earnings will post 88.68% year-over-year. Quarterly sales are estimated to grow 43.44% in year-over-year returns.
Aspen Aerogels Inc (ASPN) Top Institutional Holders
311.0 institutions hold shares in Aspen Aerogels Inc (ASPN), with institutional investors hold 91.11% of the company’s shares. The shares outstanding are 82.05M, and float is at 80.83M with Short Float at 13.01%. Institutions hold 89.63% 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 Young Donald R, the company’s President and CEO. SEC filings show that Young Donald R sold 63,355 shares of the company’s common stock on Sep 30 ’24 at a price of $30.03 per share for a total of $1.9 million. Following the sale, the insider now owns 0.48 million shares.
Still, SEC filings show that on Aug 26 ’24, RODRIGUEZ RICARDO C. (CFO & Treasurer) disposed off 32,465 shares at an average price of $30.14 for $0.98 million. The insider now directly holds 20,790 shares of Aspen Aerogels Inc (ASPN).
