Aspen Aerogels Inc (NYSE:ASPN) Stock Position Raised by BlackRock Inc.

BlackRock Inc. increased its holdings in shares of Aspen Aerogels Inc (NYSE:ASPN) by 26.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 502,708 shares of the construction company’s stock after buying an additional 105,803 shares during the quarter. BlackRock Inc. owned 2.07% of Aspen Aerogels worth $3,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Russell Investments Group Ltd. lifted its position in Aspen Aerogels by 2,335.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 48,699 shares of the construction company’s stock worth $347,000 after acquiring an additional 46,699 shares during the period. 68.06% of the stock is currently owned by institutional investors.

NYSE:ASPN traded up $0.10 during trading hours on Friday, hitting $6.62. 4,200 shares of the stock were exchanged, compared to its average volume of 53,281. The company has a current ratio of 1.58, a quick ratio of 1.08 and a debt-to-equity ratio of 0.08. The firm’s fifty day moving average price is $6.10 and its 200 day moving average price is $5.84. The company has a market cap of $160.38 million, a P/E ratio of -5.47 and a beta of 2.06. Aspen Aerogels Inc has a 52-week low of $1.60 and a 52-week high of $7.50.

Aspen Aerogels (NYSE:ASPN) last posted its quarterly earnings results on Thursday, October 31st. The construction company reported ($0.0....

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