Aspen Aerogels Inc (NYSE: ASPN) stock suffered a major decline of -14.7% on 3/14/24. The shares closed at $15.26. Moreover, trading volume in this decline was unusually high at 179% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -12.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, ASPN is expected to continue to be Value Creation neutral.
Aspen Aerogels has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Aspen Aerogels has a poor Appreciation Score of 28 but a very high Power Rating of 100, with the Positive Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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