How to Buy Aspen Aerogels Stock
Aspen Aerogels Inc
Aspen Aerogels is a building product & equipment company located in Massachusetts, United States, which is part of the Basic Materials sector, and is traded under the ticker ASPN on the NYSE exchange.
Aspen Aerogels stock last closed at $10.93, up 0.83% from the previous day, and has decreased 8.61% in one year. It has underperformed other stocks in the Building Products & Equipment industry by 0.31 percentage points. Aspen Aerogels stock is currently +105.26% from its 52-week low of $5.33, and -20.65% from its 52-week high of $13.78.
There are currently 70.26M ASPN shares outstanding. The market capitalization of ASPN is $767.91M. In the past 24 hours, 423,949 ASPN shares were traded.
How to Buy Aspen Aerogels Stock
Wondering how to invest in Aspen Aerogels stock? Here's how.
- Choose where to buy Aspen Aerogels stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Aspen Aerogels stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your method of payment and add your information.
- Evaluate Aspen Aerogels stock: The Aspen Aerogels ticker symbol is ASPN. Is Aspen Aerogels stock a good investment? Should you buy shares of ASPN? How do ASPN's underlying business fundamentals look? Do top analysts think Aspen Aerogels is a good buy? Why has ASPN's stock price moved recently? (Hint: Our stock research website can help you evaluate if ASPN is a good stock to buy).
- Place your ASPN buy order: Decide if you will purchase ASPN shares at the current market price or use a limit order to buy ASPN stock at a particular price.
- Get updates on your ASPN position: Create a watchlist to get live updates on your new investment in Aspen Aerogels shares.
Step 1: Choose where to buy Aspen Aerogels stock
You will need a brokerage account in order to access the NYSE market and buy ASPN stock.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you are able to buy ASPN today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on app for investing, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring funds into your new brokerage account.
Step 4: Evaluate Aspen Aerogels stock
After you have chosen the best place to buy Aspen Aerogels stock, it's very important to evaluate their stock prior to buying, so you actually understand the risk as well as the opportunity.
Aspen Aerogels Numbers
Aspen Aerogels Due Diligence Checks
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ASPN's stock page.
Is ASPN stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ASPN's fair value.
Using relative valuations ratios:
- ASPN may be undervalued based on its P/B ratio of 1.87x, relative to Building Products & Equipment industry P/B ratio of 4.31x
You can do additional valuation research on ASPN's stock here.
ASPN Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the ASPN balance sheet.
- There are more short-term assets than long-term liabilities on the ASPN balance sheet.
Failed Financial Due Diligence Checks:
- ASPN profit margin has gone up by 0.33 percentage points in the past year, but the company is still unprofitable.
- ASPN has a relatively high debt to equity ratio of 0.48.
- ASPN has $94.96M in cash and short term investments. This is not sufficient to cover its annual cash burn of $270.21M.
- Total ASPN debt is higher than 5 years ago, relative to shareholder equity.
- ASPN has cash burn of 270208000. It does not have sufficient cash and short-term investments to cover this.
Do Wall Street analysts think it's a good time to buy ASPN stock
Out of 2 sell side analysts who research ASPN, the consensus analyst rating on Aspen Aerogels is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Aspen Aerogels stock forecast page.
ASPN Trading Indicators
How are ASPN Revenues/Earnings doing?
Last year, ASPN revenue was $214.11M. Over the past 5 year, ASPN's revenue has gone up by 15.31% per year. This was slower than the Building Products & Equipment industry average of 18.52%.
You can analyze ASPN's earnings and revenue performance here.
What are ASPN executives and large shareholders up to?
Over the past year, executives and large shareholders at ASPN have bought more shares than they have sold.
Gregg Landes, SVP Operations and Strat Deve of ASPN, was the latest ASPN insider to sell. They sold $1,706.55 worth of ASPN stock on Nov 20, 2023.
Research more about who owns ASPN shares here.
Does ASPN stock generate passive income?
No, Aspen Aerogels doesn't provide an income stream by paying out dividends.
What others are saying about ASPN
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your ASPN buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open button and eToro will place your order.
If you need more help buying stocks on eToro, click the how to video below:
Step 6: Get updates on your ASPN position
Now that you own some ASPN stock, you'll want to stay up-to-date on your new company.
Put ASPN on a watchlist to track the most important metrics related to your ASPN stock.
ASPN Feed
How to Buy Stock in Aspen Aerogels
To summarize, here are the 6 steps to buy Aspen Aerogels stock:
- Choose where to buy Aspen Aerogels stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Evaluate Aspen Aerogels stock
- Place your ASPN buy order
- Get updates on your ASPN position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Aspen Aerogels, hit the button below to create your watchlist.
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