Aspen Aerogels (NYSE:ASPN) Shares Pass Below 200 Day Moving Average – Here’s Why

Aspen Aerogels, Inc. (NYSE:ASPN)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.73 and traded as low as $3.28. Aspen Aerogels shares last traded at $3.3850, with a volume of 1,111,918 shares trading hands.

Wall Street Analysts Forecast Growth

ASPN has been the subject of several research reports. Zacks Research upgraded shares of Aspen Aerogels from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 15th. TD Cowen reduced their target price on shares of Aspen Aerogels from $7.00 to $6.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Aspen Aerogels in a research report on Monday, December 29th. Barclays lowered their price target on shares of Aspen Aerogels from $4.00 to $3.00 and set an “underweight” rating for the company in a report on Thursday, March 5th. Finally, Roth Mkm reduced their price objective on Aspen Aerogels from $6.00 to $3.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Aspen Aerogels presently has an average rating of “Hold” and a consensus target price of $4.25.

Aspen Aerogels Stock Performance

The company has a current ratio of 3.94, a quick ratio of 3.33 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $279.77 million, a PE ratio of -0.71 and a beta of 2.99. The firm’s 50-day simple moving average is $3.41 and its 200-day simple moving average is $4.73.

Aspen Aerogels (NYSE:ASPN) last issued its earnings results on Wednesday, February 25th. The construction company reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.07). Aspen Aerogels had a negative return on equity of 13.07% and a negative net margin of 143.69%.The company had revenue of $41.34 million for the quarter, compared to analysts’ expectations of $44.25 million. During the same period last year, the business posted $0.14 earnings per share. The business’s revenue was down 66.4% compared to the same quarter last year. Aspen Aerogels has set its Q1 2026 guidance at -0.280–0.240 EPS. On average, research analysts predict that Aspen Aerogels, Inc. will post 0.17 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Royal Bank of Canada increased its position in Aspen Aerogels by 84.7% during the 1st quarter. Royal Bank of Canada now owns 56,419 shares of the construction company’s stock valued at $360,000 after purchasing an additional 25,880 shares during the period. AQR Capital Management LLC purchased a new position in Aspen Aerogels during the 1st quarter worth $960,000. Integrated Wealth Concepts LLC purchased a new position in Aspen Aerogels during the 1st quarter worth $84,000. Goldman Sachs Group Inc. grew its position in Aspen Aerogels by 89.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,274,356 shares of the construction company’s stock worth $8,143,000 after purchasing an additional 602,586 shares during the last quarter. Finally, Caxton Associates LLP purchased a new position in shares of Aspen Aerogels in the first quarter worth $307,000. 97.64% of the stock is currently owned by hedge funds and other institutional investors.

About Aspen Aerogels

Aspen Aerogels, Inc, headquartered in Northborough, Massachusetts, develops and manufactures high-performance aerogel insulation materials and custom engineered solutions. Founded in 2001 as a spin-out from Department of Energy research, the company pursued an initial public offering on the NYSE in 2014 under the ticker ASPN. Aspen Aerogels combines proprietary aerogel formulations with advanced manufacturing processes to deliver products known for their low thermal conductivity, lightweight construction and robust mechanical properties.

The company’s product portfolio spans blanket insulation, boards, and custom shapes built around several proprietary brands, including Pyrogel, Cryogel and Spaceloft.