Media coverage about Aspen Aerogels (NYSE:ASPN) has trended somewhat negative recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aspen Aerogels earned a media sentiment score of -0.01 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 47.0112153798444 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, Zacks Investment Research cut shares of Aspen Aerogels from a “buy” rating to a “hold” rating in a report on Monday, September 18th.
Aspen Aerogels (NYSE:ASPN) opened at $5.05 on Friday. The company has a market cap of $119.37, a price-to-earnings ratio of -5.05 and a beta of 1.09. Aspen Aerogels has a 1-year low of $3.84 and a 1-year high of $5.20.
Aspen Aerogels (NYSE:ASPN) last announced its earnings results on Thursday, November 2nd. The construction company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.01. The business had revenue of $27.20 million for the quarter, compared to analysts’ expectations of $28.23 million. Aspen Aerogels had a negative net margin of 22.72% and a negative return on equity of 21.86%. The company’s quarterly revenue was down 8.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.13) EPS. research analysts predict that Aspen Aerogels will post -0.88 EPS for the current year.
In related news, major shareholder Craig A. Huff sold 2,895,981 shares of Aspen Aerogels stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $4.30, for a total value of $12,452,718.30. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 16.80% of the company’s stock.
About Aspen Aerogels
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.
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