Aspen Aerogels Inc (NYSE: ASPN) is -56.14% 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 $5.17 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $5.21, the stock is -12.50% and -29.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 0.77% at the moment leaves the stock -68.60% off its SMA200. ASPN registered -65.59% loss for a year compared to 6-month loss of -76.78%. The firm has a 50-day simple moving average (SMA 50) of $7.4006 and a 200-day simple moving average (SMA200) of $16.58995.
The stock witnessed a -29.12% gain in the last 1 month and extending the period to 3 months gives it a -58.52%, and is 2.16% 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 5.49% over the week and 7.27% over the month.
Aspen Aerogels Inc (ASPN) has around 554 employees, a market worth around $427.77M and $452.70M in sales. Current P/E ratio is 33.50 and Fwd P/E is 9.03. Profit margin for the company is 2.95%. Distance from 52-week low is 8.54% and -84.28% 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.
Aspen Aerogels Inc (ASPN) Top Institutional Holders
302.0 institutions hold shares in Aspen Aerogels Inc (ASPN), with institutional investors hold 90.64% 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 75.83% 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).
