Aspen Aerogels Inc. (NYSE: ASPN): A Hidden Gem Despite Volatility

The trading price of Aspen Aerogels Inc. (NYSE:ASPN) closed lower on Monday, June 03, closing at $29.88, -0.13% lower than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $30.28 and a 52-week low of $5.32. Over the past month, the stock has gained 25.28% in value.

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Aspen Aerogels Inc., whose market valuation is $2.28 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

On the technical side, indicators suggest ASPN has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

A quick review shows that ASPN’s price is currently 9.39% off the SMA20 and 43.75% off the SMA50. The RSI metric on the 14-day chart is currently showing 75.80, and weekly volatility stands at 4.98%. When measured over the past 30 days, the indicator reaches 5.04%. Aspen Aerogels Inc. (NYSE:ASPN)’s beta value is currently sitting at 2.29, while the Average True Range indicator is currently displaying 1.35.

To see how Aspen Aerogels Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: ASPN stock’s performance was -0.13% in the latest trading, and 338.77% in the past year.

An evaluation of the daily trading volume of Aspen Aerogels Inc. (NYSE:ASPN) indicates that the 3-month average is 1.13 million.

Currently, records show that 76.50 million of the company’s shares remain outstanding. The insiders hold 1.94% of outstanding shares, whereas institutions hold 93.47%. However, since the stock’s price has seen 89.35% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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