AdvanSix Inc. (NYSE:ASIX – Get Free Report) SVP Achilles B. Kintiroglou bought 350 shares of the enterprise’s inventory in a transaction dated Tuesday, October 1st. The shares have been bought at a median value of $30.18, for a complete worth of $10,563.00. Following the completion of the sale, the senior vice chairman now immediately owns 33,601 shares of the corporate’s inventory, valued at roughly $1,014,078.18. The transaction was disclosed in a authorized submitting with the SEC, which is out there at this hyperlink.
AdvanSix Inventory Up 1.7 %
AdvanSix inventory traded up $0.51 throughout mid-day buying and selling on Wednesday, reaching $30.73. 114,892 shares of the corporate have been exchanged, in comparison with its common quantity of 145,597. The enterprise has a fifty day transferring common of $28.47 and a 200 day transferring common of $26.14. The corporate has a debt-to-equity ratio of 0.31, a fast ratio of 0.74 and a present ratio of 1.39. AdvanSix Inc. has a 12-month low of $20.86 and a 12-month excessive of $31.47. The agency has a market cap of $824.15 million, a P/E ratio of 1,021.33 and a beta of 1.69.
AdvanSix (NYSE:ASIX – Get Free Report) final introduced its quarterly earnings outcomes on Friday, August 2nd. The corporate reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.35. The corporate had income of $453.48 million in the course of the quarter, in comparison with the consensus estimate of $426.80 million. AdvanSix had a return on fairness of 1.03% and a internet margin of 0.57%. Throughout the identical interval within the earlier yr, the corporate posted $1.18 earnings per share. Analysis analysts anticipate that AdvanSix Inc. will publish 1.67 earnings per share for the present fiscal yr.
AdvanSix Dividend Announcement
The agency additionally lately disclosed a quarterly dividend, which was paid on Tuesday, August twenty seventh. Traders of file on Tuesday, August thirteenth got a $0.16 dividend. The ex-dividend date was Tuesday, August thirteenth. This represents a $0.64 annualized dividend and a yield of two.08%. AdvanSix’s payout ratio is 2,133.33%.
Institutional Traders Weigh In On AdvanSix
Plenty of institutional traders have lately modified their holdings of ASIX. Point72 DIFC Ltd acquired a brand new stake in AdvanSix in the course of the 2nd quarter value $34,000. Point72 Asia Singapore Pte. Ltd. acquired a brand new place in shares of AdvanSix in the course of the 2nd quarter valued at $51,000. Point72 Asset Administration L.P. bought a brand new stake in AdvanSix in the course of the 2nd quarter value $55,000. Algert World LLC elevated its place in shares of AdvanSix by 200.6% within the 2nd quarter. Algert World LLC now owns 59,153 shares of the corporate’s inventory value $1,356,000 after buying an extra 39,473 shares over the past quarter. Lastly, Meros Funding Administration LP raised its holdings in shares of AdvanSix by 27.1% in the course of the second quarter. Meros Funding Administration LP now owns 127,295 shares of the corporate’s inventory value $2,918,000 after buying an extra 27,123 shares in the course of the interval. 86.39% of the inventory is owned by institutional traders and hedge funds.
Analyst Upgrades and Downgrades
Individually, StockNews.com raised AdvanSix from a “maintain” ranking to a “purchase” ranking in a analysis notice on Monday, August fifth.
Learn Our Newest Inventory Evaluation on AdvanSix
About AdvanSix
AdvanSix Inc engages within the manufacture and sale of polymer resins in america and internationally. It presents Nylon 6, a polymer resin, which is an artificial materials used to provide fibers, filaments, engineered plastics, and movies. The corporate additionally offers caprolactam to fabricate polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone which might be used within the manufacturing of adhesives, paints, coatings, solvents, herbicides, and engineered plastic resins, in addition to different intermediate chemical substances, together with phenol, monoisopropylamine, dipropylamine, monoallylamine, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide.
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