AdvanSix Inc. manufactures and sells polymer resins in the United States and internationally. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce fibers, filaments, engineered plastics and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone that are used in the production of adhesives, paints, coatings, solvents, herbicides, and engineered plastic resins, as well as other intermediate chemicals, including phenol, alpha-methyl styrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide. It offers its products under the Aegis, Capra, Sulf-N, Nadone, Naxol, and EZ-Blox brands. The company sells its products directly, as well as through distributors. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey.
Analyst Ratings Changes
Separately, StockNews.com raised AdvanSix from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, May 11th.
AdvanSix Price Performance
Shares of NYSE:ASIX opened at $39.53 on Friday. AdvanSix has a fifty-two week low of $30.86 and a fifty-two week high of $57.10. The business has a 50-day moving average of $37.45 and a two-hundred day moving average of $42.84. The stock has a market capitalization of $1.11 billion, a P/E ratio of 5.91 and a beta of 1.85. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.34 and a quick ratio of 0.81.
AdvanSix (NYSE:ASIX - Get Rating) last posted its quarterly earnings data on Friday, May 6th. The company reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $1.74 by $0.41. The business had revenue of $479.07 million for the quarter, compared to analyst estimates of $481.77 million. AdvanSix had a return on equity of 29.76% and a net margin of 9.78%. On average, equities research analysts predict that AdvanSix will post 7.96 EPS for the current fiscal year.
Insider Transactions at AdvanSix
In other news, insider Christopher Gramm sold 1,000 shares of AdvanSix stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $38.42, for a total value of $38,420.00. Following the transaction, the insider now directly owns 38,765 shares in the company, valued at $1,489,351.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.90% of the stock is currently owned by corporate insiders.