ASPN Stock Summary and Trading Ideas (Aspen Aerogels | NYSE:ASPN)

Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Energy Industrial segment and the United States market. Some of its products include Pyrogel XTE; Cryogel Z; Spaceloft Subsea; and others.

Aspen Aerogels trades on the NYSE stock market under the symbol ASPN.

As of February 13, 2025, ASPN stock price declined to $8.83 with 8,721,623 million shares trading.

ASPN has a beta of 2.43, meaning it tends to be more sensitive to market movements. ASPN has a correlation of 0.12 to the broad based SPY ETF.

ASPN has a market cap of $724.48 million. This is considered a Small Cap stock.

Last quarter Aspen Aerogels reported $123 million in Revenue and $.14 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.05.

In the last 3 years, ASPN traded as high as $38.04 and as low as $5.33.

The top ETF exchange traded funds that ASPN belongs to (by Net Assets): VTI, IWM, VXF, IWN, SCHA.

ASPN has underperformed the market in the last year with a price return of -28.8% while the SPY ETF gained +22.9%. ASPN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -44.1% and -23.6%, respectively, while the SPY returned +2.3% and +1.1%, respectively.

ASPN support price is $11.24 and resistance is $12.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASPN shares will trade within this expected range on the day.