Aspen Aerogels Inc (NYSE: ASPN) stock enjoyed a major increase of 12.4% on 12/6/23. The shares closed at $11.97. Moreover, trading volume in this advance was exceptionally high at 267% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 9.5% during the last week.
Current PriceTarget Research Rating
ASPN is expected to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Aspen Aerogels has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Aspen Aerogels has a poor Appreciation Score of 26 but a very high Power Rating of 99, triggering 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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