Zacks Investment Research upgraded Aspen Aerogels Inc (NYSE:ASPN) to Hold in a report released today.
- Updated: October 5, 2016
Yesterday Aspen Aerogels Inc (NYSE:ASPN) traded 2.50% higher at $6.15. The company’s 50-day moving average is $5.12 and its 200-day moving average is $4.72. The last closing price is up 30.42% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 28,283 shares of the stock were exchanged, down from an average trading volume of 60,217
Zacks Investment Research has upgraded Aspen Aerogels Inc (NYSE:ASPN) to Hold in a report released on 10/5/2016.
Previously on Tuesday September 20, 2016, Craig Hallum reported on Aspen Aerogels Inc (NYSE:ASPN) raised the target price from $0.00 to $10.00. At the time, this indicated a possible upside of 0.93%.
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Aspen Aerogels Inc has a 52 week low of $3.38 and a 52 week high of $8.87 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 8 brokers have issued a report on the stock. The consensus target price is $8.94 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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, cold storage equipment and aerospace systems.
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