Craig Hallum disclosed Aspen Aerogels Inc (NYSE:ASPN), hiking its stock price target to $10.00 earlier today
- Updated: September 20, 2016
Aspen Aerogels Inc (NYSE:ASPN) had its target price increased to $10 by Craig Hallum in a report issued Tuesday September 20 2016. The updated target price suggests a potential upside of 0.93% from the bussiness’ last closing price.
On 8/05/2016, JP Morgan released a statement for Aspen Aerogels Inc(NYSE:ASPN) dropped the target price from $8.00 to $7.00 that suggested an upside of 0.51%.
Yesterday Aspen Aerogels Inc (NYSE:ASPN) traded 6.85% higher at $5.18. ASPN’s 50-day moving average is $4.88 and its two hundred day moving average is $4.59. The last stock price is up 15.41% relative to the 200-day average, compared to the S&P 500 which has fallen -0.01% over the same time period. Volume of trade was down over the average, with 9,233 shares of ASPN changing hands under the typical 75,398 shares..
Aspen Aerogels Inc has a one-year low of $3.38 and a 52 week high of $8.87 . ASPN’s market cap is presently $0.0.
A total of 8 equity analysts have released a report on the company. Zero rate the stock a strong buy, 0 rate the company a buy, 0 analysts rate the stock a hold, 0 rate the stock to underperform, and finally 0 brokeragesrate the company as sell with a consensus target stock price of $8.94
More About Aspen Aerogels Inc (NYSE:ASPN)
Aspen Aerogels, Inc. is an energy technology company that designs, develops and manufactures aerogel insulation used primarily in energy infrastructure facilities. The Company also performs contract research services for various federal and non-federal government agencies, including the Department of Defense, the Department of Energy and other institutions. Its product lines include Pyrogel and Cryogel. The Company provides Pyrogel XT/XT-E that reduces the risk of corrosion under insulation in high temperature operating systems; Pyrogel XTF, which provides protection against fire; Cryogel Z, which is designed for sub-ambient and cryogenic applications in the energy infrastructure market, and Spaceloft Subsea, which is used in pipe-in-pipe applications in offshore oil production. It also offers Spaceloft for use in building and construction market, and Cryogel X201, which is used in cold system designs consisting of refrigerated appliances, and cold storage equipment and aerospace systems.
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