On 5/2/24, Aspen Aerogels Inc (NYSE: ASPN) stock enjoyed a major increase of 56.7%, closing at $23.85. Moreover, this advance was accompanied by exceptionally high trading volume at 1152% of normal. The stock has risen 43.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ASPN’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Aspen Aerogels has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Aspen Aerogels has a poor Appreciation Score of 19 but a very high Power Rating of 100, resulting in 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.
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