With 1.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.97 million shares. The 52-week range on ASPN shows that it touched its highest point at $33.15 and its lowest point at $4.16 during that stretch. It currently has a 1-year price target of $9.17. Beta for the stock currently stands at 2.68.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASPN was down-trending over the past week, with a drop of -10.95%, but this was up by 2.52% over a month. Three-month performance dropped to -20.64% while six-month performance fell -60.32%. The stock lost -80.69% in the past year, while it has lost -52.10% so far this year. A look at the trailing 12-month EPS for ASPN yields -3.49 with Next year EPS estimates of 0.23. For the next quarter, that number is -0.09. This implies an EPS growth rate of -2070.59% for this year and 106.78% for next year.
Float and Shares Shorts:
At present, 82.17 million ASPN shares are outstanding with a float of 80.69 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASPN since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.16 being high and $0.11 being low. For ASPN, this leads to a yearly average estimate of $0.12.
