In recent trading session, Aspen Aerogels Inc. (NYSE:ASPN) saw 5.09 million shares changing hands at last check today with its beta currently measuring 2.12. Company’s recent per share price level of $22.25 trading at $7.03 or 46.19% at last check today assigns it a market valuation of $1.71B. That closing price of ASPN’s stock is at a premium of 14.16% from its 52-week high price of $19.10 and is indicating a premium of 76.09% from its 52-week low price of $5.32. Taking a look at company’s average trading volume volume of 995.48K if we extend that period to 3-months.
Aspen Aerogels Inc. (NYSE:ASPN) trade information
Upright in the green today for gaining 46.19%, in the last five days ASPN remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $22.25 price level, adding 1.07% to its value on the day. Aspen Aerogels Inc.’s shares saw a change of 41.00% in year-to-date performance and have moved 41.63% in past 5-day. Aspen Aerogels Inc. (NYSE:ASPN) showed a performance of 30.42% in past 30-days.
Aspen Aerogels Inc. (ASPN) estimates and forecasts
Statistics highlight that Aspen Aerogels Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 188.21% of value to its shares in past 6 months, showing an annual growth rate of 63.64% while that of industry is 9.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 51.70% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 83.94M for the same. And 9 analysts are in estimates of company making revenue of 96.05M in the next quarter. Company posted 48.16M and 51.84M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 14.58% during past 5 years.
ASPN Dividends
Aspen Aerogels Inc. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
