Aspen Aerogels Inc (NYSE: ASPN) is -56.48% lower on its value in year-to-date trading and has touched a low of $4.80 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 $5.18 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $5.17, the stock is -14.40% and -31.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing -0.19% at the moment leaves the stock -69.01% off its SMA200. ASPN registered -66.12% loss for a year compared to 6-month loss of -77.28%. The firm has a 50-day simple moving average (SMA 50) of $7.522 and a 200-day simple moving average (SMA200) of $16.68145.
The stock witnessed a -26.56% gain in the last 1 month and extending the period to 3 months gives it a -59.36%, and is -6.17% 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 6.38% over the week and 7.38% over the month.
Aspen Aerogels Inc (ASPN) has around 554 employees, a market worth around $424.48M and $452.70M in sales. Current P/E ratio is 33.25 and Fwd P/E is 8.96. Profit margin for the company is 2.95%. Distance from 52-week low is 7.71% and -84.40% from its 52-week high. The company has generated returns on investments over the last 12 months (1.70%).
The EPS is expected to shrink by -16.99% this year
300.0 institutions hold shares in Aspen Aerogels Inc (ASPN), with institutional investors hold 90.44% of the company’s shares. The shares outstanding are 82.04M, and float is at 80.69M with Short Float at 11.40%. Institutions hold 75.67% 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 16.0872 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 5.885 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 4.376 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).
