Synalloy Stock Today

ACNT Stock  USD 10.33  0.16  1.53%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 34

 
High
 
Low
Below Average
Synalloy is selling for under 10.33 as of the 22nd of November 2024; that is 1.53% down since the beginning of the trading day. The stock's last reported lowest price was 10.33. Synalloy has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Synalloy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
3rd of December 1991
Category
Basic Materials
Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. Ascent Industries Co. was founded in 1945 and is headquartered in Oak Brook, Illinois. The company has 10.09 M outstanding shares of which 8.16 K shares are presently shorted by private and institutional investors with about 0.29 trading days to cover. More on Synalloy

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Synalloy Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentChristopher Hutter
Thematic IdeaSteel Works Etc (View all Themes)
Business ConcentrationDiversified Metals & Mining, Materials, Basic Materials, NASDAQ Composite, Steel Works Etc, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.741.0981
Way Up
Very volatile
Gross Profit Margin0.00750.0079
Notably Down
Slightly volatile
Net Debt26.8 M29.5 M
Moderately Down
Slightly volatile
Total Current Liabilities22.3 M24.8 M
Moderately Down
Slightly volatile
Non Current Liabilities Total29.7 M43.7 M
Way Down
Slightly volatile
Total Assets116 M175.9 M
Way Down
Slightly volatile
Total Current Assets74.2 M89.4 M
Significantly Down
Slightly volatile
Synalloy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Synalloy's financial leverage. It provides some insight into what part of Synalloy's total assets is financed by creditors.
Liquidity
Synalloy currently holds 31.4 M in liabilities with Debt to Equity (D/E) ratio of 0.77, which is about average as compared to similar companies. Synalloy has a current ratio of 2.78, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Synalloy's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

20.09 Million
Synalloy (ACNT) is traded on NASDAQ Exchange in USA. It is located in 20 North Martingale Road, Schaumburg, IL, United States, 60173 and employs 514 people. Synalloy is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 105.88 M. Synalloy conducts business under Metals & Mining sector and is part of Materials industry. The entity has 10.09 M outstanding shares of which 8.16 K shares are presently shorted by private and institutional investors with about 0.29 trading days to cover. Synalloy currently holds about 245 K in cash with 23.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Synalloy Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Synalloy is $105.88 Million. Synalloy maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Synalloy Ownership Details

Synalloy Stock Institutional Holders

InstituionRecorded OnShares
Empowered Funds, Llc2024-06-30
40.5 K
State Street Corp2024-06-30
32.5 K
Minerva Advisors Llc2024-09-30
30.4 K
Northern Trust Corp2024-09-30
24 K
Perritt Capital Management Inc.2024-09-30
20.9 K
Susquehanna International Group, Llp2024-06-30
19.9 K
Merit Financial Group, Llc2024-09-30
14.5 K
Essex Investment Management Company, Llc2024-09-30
13.6 K
Bank Of New York Mellon Corp2024-06-30
13.2 K
Dimensional Fund Advisors, Inc.2024-09-30
422.3 K
Vanguard Group Inc2024-09-30
396.4 K
View Synalloy Diagnostics

Synalloy Historical Income Statement

At this time, Synalloy's Interest Expense is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 7.3 M in 2024, whereas Gross Profit is likely to drop slightly above 1.4 M in 2024. View More Fundamentals

Synalloy Stock Against Markets

Synalloy Corporate Management

Ryan KavalauskasChief OfficerProfile
Douglas TackettChief SecretaryProfile
Robert PeayCorporate SecretaryProfile
Anthony PanVice DevelopmentProfile
John TidlowEx IncProfile
Timothy LynchEx ProductsProfile

Already Invested in Synalloy?

The danger of trading Synalloy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Synalloy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Synalloy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Synalloy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Synalloy Stock Analysis

When running Synalloy's price analysis, check to measure Synalloy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.