The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -49.45%. However, over the past six months, we’ve seen a stronger performance of -12.48%. The price of ASPN fallen by 0.85% over the last 30 days. And in the last five days, it has fallen by -5.40%.
Currently, the stock price of Aspen Aerogels Inc. (ASPN) is $5.96. In the most recent trading session, the stock underwent a significant upswing, peaking at $6.44 after opening at $6.44. The stock touched a low of $5.94 before closing at $6.44.
Top 5 EV Tech Stocks to Buy for 2023
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
Click Here to Download the FREE Report.
Sponsored
The stock market performance of Aspen Aerogels Inc. has been fairly unsteady. Over the last year, the company’s stock hit its highest at $14.44 on 11/11/22, while the lowest price during the same time frame was $5.32, recorded on 08/25/23.
52-week price history of ASPN Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Aspen Aerogels Inc.’s current trading price is -58.73% away from its 52-week high, while its distance from the 52-week low is 11.92%. The stock’s price range for this period has been between $5.32 and $14.44. The Industrials sector company’s shares saw a trading volume of about 1.17 million for the day, which was higher than the average daily volume of 0.73 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Aspen Aerogels Inc. (ASPN) has experienced a quarterly decline of -25.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 411.90M and boasts a workforce of 533 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.14, with a change in price of +0.29. Similarly, Aspen Aerogels Inc. recorded 786,084 in trading volume during the last 100 days, posting a change of +5.11%.
ASPN’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ASPN stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.26.
ASPN Stock Stochastic Average
As of today, the raw stochastic average of Aspen Aerogels Inc. over the past 50 days is 17.76%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 49.80%. Additionally, the Stochastic %K and %D values for the company were 72.29% and 76.64%, respectively, over the past 20 days.