AerSale Corp (NASDAQ:ASLE) price on Friday, April 11, fall -0.56% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $7.16.
A look at the stock’s price movement, the close in the last trading session was $7.20, moving within a range at $7.05 and $7.3898. The beta value (5-Year monthly) was 0.272 while the PE ratio in trailing twelve months stood at 65.51. Turning to its 52-week performance, $9.40 and $4.53 were the 52-week high and 52-week low respectively. Overall, ASLE moved -12.04% over the past month.
AerSale Corp’s market cap currently stands at around $380.96 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-05.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ASLE is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend ASLE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ASLE’s current price about -7.70% and -3.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.09, while 7-day volatility ratio is 6.91% and 5.08% in the 30-day chart. Further, AerSale Corp (ASLE) has a beta value of 0.30, and an average true range (ATR) of 0.40. Analysts have given the company’s stock an average 52-week price target of $13.5, forecast between a low of $8 and high of $19. Looking at the price targets, the low is -11.73% off current price level while to achieve the yearly target high, price needs to move -165.36%. Nonetheless, investors will most likely welcome a -88.55% jump to $13.5 which is the analysts’ median price.
If we refocus on AerSale Corp (NASDAQ:ASLE), historical trading data shows that trading volumes averaged 0.67 over the past 10 days and 491.05K over the past 3 months. The company’s latest data on shares outstanding shows there are 53.25 million shares.
The 33.40% of AerSale Corp’s shares are in the hands of company insiders while institutional holders own 45.56% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.74 million on 2025-03-14, giving us a short ratio of 4.13. The data shows that as of 2025-03-14 short interest in AerSale Corp (ASLE) stood at 519.9999700000001 of shares outstanding, with shares short falling to 2.02 million registered in 2025-02-14. Current price change has pushed the stock 13.65% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ASLE stock continues to rise going into the next quarter.
