Alert: Major Price Advance (8/16/24)-Aspen Aerogels Inc (NYSE: ASPN).

out_logo_500#71583.jpg

Aspen Aerogels Inc (NYSE: ASPN) stock closed at $29.92 on 8/16/24 after a major increase of 22.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 284% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 39.4% during the last week.

out_mm#71583.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, ASPN is expected to be Value Creation neutral.

Aspen Aerogels has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Aspen Aerogels has a very low Appreciation Score of 15 but a very high Power Rating of 100, leading to the High Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*