With 0.65 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.14 million shares. During the session, the Chemicals company that operates in wider Basic Materials sector, reached to the highest price of $28.915 whereas the lowest price it dropped to was $28.24. The 52-week range on ASIX shows that it touched its highest point at $31.57 and its lowest point at $20.86 during that stretch. It currently has a 1-year price target of $35.50. With its current market cap of 756.96 million, ASIX has annualized dividend of $0.64 while the current yield stands at 2.26%. Beta for the stock currently stands at 1.69.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASIX was up-trending over the past week, with a rise of 3.28%, but this was down by -2.88% over a month. Three-month performance surged to 24.74% while six-month performance rose 4.23%. The stock lost -8.08% in the past year, while it has lost -5.41% so far this year. A look at the trailing 12-month EPS for ASIX yields 0.30 with Next year EPS estimates of 4.00. For the next quarter, that number is 0.66. This implies an EPS growth rate of -10.98% for this year and 109.71% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.82%.
Float and Shares Shorts:
At present, 26.75 million ASIX shares are outstanding with a float of 25.68 million shares on hand for trading. On 2024-08-30, short shares totaled 0.32 million, which was 120.0 higher than short shares on 1722384000. In addition to Ms. Erin N. Kane as the firm’s CEO, President & Director, Mr. Michael Preston serves as its CFO & Senior VP.
Institutional Ownership:
Through their ownership of 0.8848 of ASIX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, ASIX reported revenue of $453479000.0 and operating income of $56937000.0. The EBITDA in the recently reported quarter was $74748000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASIX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
