AdvanSix Inc’s filing revealed that its Officer Preston Michael acquired Company’s shares for reported $0.11 million on Dec 16 ’24. In the deal valued at $30.54 per share,3,536 shares were bought.
Then, Preston Michael bought 10,808 shares, generating $332,758 in total proceeds.
Before that, Kane Erin N sold 5,000 shares. AdvanSix Inc shares valued at $161,450 were divested by the Chief Executive Officer at a price of $32.29 per share. As a result of the transaction, Kane Erin N now holds 512,795 shares, worth roughly $14.38 million.
Piper Sandler initiated its AdvanSix Inc [ASIX] rating to an Overweight in a research note published on November 12, 2021; the price target was $58. A number of analysts have revised their coverage, including CL King’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “a Buy”. Cowen also remained covering ASIX and reiterated its “Market perform” recommendation on November 19, 2019. CL King started covering the stock on August 15, 2019. It rated ASIX as “a Neutral”.
Price Performance Review of ASIX
On Friday, AdvanSix Inc [NYSE:ASIX] saw its stock fall -0.78% to $28.05. Over the last five days, the stock has lost -9.37%. AdvanSix Inc shares have fallen nearly -6.38% since the year began. Nevertheless, the stocks have fallen -7.00% over the past one year. While a 52-week high of $33.00 was reached on 12/03/24, a 52-week low of $20.86 was recorded on 07/09/24. SMA at 50 days reached $30.37, while 200 days put it at $27.41.
Levels Of Support And Resistance For ASIX Stock
The 24-hour chart illustrates a support level at 27.63, which if violated will result in even more drops to 27.22. On the upside, there is a resistance level at 28.59. A further resistance level may holdings at 29.14. The Relative Strength Index (RSI) on the 14-day chart is 28.79, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.47%. Stochastics %K at 3.02% indicates the stock is a buying.
How much short interest is there in AdvanSix Inc?
A steep rise in short interest was recorded in AdvanSix Inc stocks on 2024-11-29, growing by 70374.0 shares to a total of 0.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.26 million shares. There was a rise of 21.38%, which implies that there is a positive sentiment for the stock.
