Aspen Aerogels Inc (NYSE: ASPN) stock suffered a major decline of -10.1% on 10/8/24. The shares closed at $22.40. Moreover, exceptionally high trading volume at 259% of normal accompanied the decline. The stock has declined -19.1% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Aspen Aerogels has a very low Appreciation Score of 14 but a very high Power Rating of 98, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative 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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