Advansix Stock Today

ASIX Stock  USD 31.10  1.19  3.98%   

Performance

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Odds Of Distress

Less than 9

 
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AdvanSix is trading at 31.10 as of the 21st of November 2024; that is 3.98 percent increase since the beginning of the trading day. The stock's open price was 29.91. AdvanSix has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on December 1, 2016, Senator Thomas R Carper of US Senate acquired under $15k worth of AdvanSix's common stock.
Business Domain
Materials
IPO Date
3rd of October 2016
Category
Basic Materials
AdvanSix Inc. manufactures and sells polymer resins in the United States and internationally. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey. Advansix operates under Chemicals classification in the United States and is traded on New York Stock Exchange. The company has 26.73 M outstanding shares of which 258.71 K shares are presently shorted by private and institutional investors with about 2.39 trading days to cover. More on AdvanSix

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AdvanSix Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOErin Kane
Thematic Ideas
(View all Themes)
Business ConcentrationCommodity Chemicals, Materials, Basic Materials, NYSE Composite, SP Small-Cap 600, Cannabis, Trump Equities, ESG Investing, Materials, Chemicals, Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Debt Levels
AdvanSix 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 AdvanSix's financial leverage. It provides some insight into what part of AdvanSix's total assets is financed by creditors.
Liquidity
AdvanSix currently holds 266.01 M in liabilities with Debt to Equity (D/E) ratio of 0.39, which is about average as compared to similar companies. AdvanSix has a current ratio of 1.2, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about AdvanSix's use of debt, we should always consider it together with its cash and equity.

Change To Account Receivables

31.32 Million
AdvanSix (ASIX) is traded on New York Stock Exchange in USA. It is located in 300 Kimball Drive, Parsippany, NJ, United States, 07054 and employs 1,450 people. AdvanSix is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 799.52 M. AdvanSix conducts business under Chemicals sector and is part of Materials industry. The entity has 26.73 M outstanding shares of which 258.71 K shares are presently shorted by private and institutional investors with about 2.39 trading days to cover. AdvanSix currently holds about 17.3 M in cash with 117.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.62.
Check AdvanSix Probability Of Bankruptcy
Ownership Allocation
AdvanSix holds a total of 26.73 Million outstanding shares. The majority of AdvanSix outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AdvanSix to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in AdvanSix. Please pay attention to any change in the institutional holdings of AdvanSix as this could imply that something significant has changed or is about to change at the company. On December 1, 2016, Senator Thomas R Carper of US Senate acquired under $15k worth of AdvanSix's common stock.
Check AdvanSix Ownership Details

AdvanSix Stock Institutional Holders

InstituionRecorded OnShares
Lsv Asset Management2024-09-30
515.8 K
Charles Schwab Investment Management Inc2024-09-30
378.2 K
Bank Of New York Mellon Corp2024-06-30
359.4 K
Hotchkis & Wiley Capital Management Llc2024-06-30
348.9 K
Wellington Management Company Llp2024-06-30
316 K
Northern Trust Corp2024-09-30
278.3 K
D. E. Shaw & Co Lp2024-06-30
276.5 K
Amvescap Plc.2024-06-30
275.5 K
Deprince Race & Zollo Inc2024-06-30
259.8 K
Blackrock Inc2024-06-30
4.8 M
Victory Capital Management Inc.2024-09-30
2.5 M
View AdvanSix Diagnostics

AdvanSix Historical Income Statement

At this time, AdvanSix's Income Tax Expense is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 207.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 57.5 M in 2024. View More Fundamentals

AdvanSix Stock Against Markets

AdvanSix Corporate Directors

Sharon SpurlinIndependent DirectorProfile
Todd KarranIndependent DirectorProfile
Darrell HughesIndependent DirectorProfile
Daniel SansoneIndependent DirectorProfile

Already Invested in AdvanSix?

The danger of trading AdvanSix 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 AdvanSix 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 AdvanSix. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AdvanSix 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 AdvanSix Stock Analysis

When running AdvanSix's price analysis, check to measure AdvanSix'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 AdvanSix is operating at the current time. Most of AdvanSix's value examination focuses on studying past and present price action to predict the probability of AdvanSix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdvanSix's price. Additionally, you may evaluate how the addition of AdvanSix to your portfolios can decrease your overall portfolio volatility.