Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. AdvanSix Inc shares valued at $140,740 were sold by Kane Erin N on Jan 02 ’25. At $28.15 per share, Kane Erin N sold 5,000 shares. The insider’s holdings dropped to 507,795 shares worth approximately $13.82 million following the completion of this transaction.
Also, Kane Erin N purchased 5,000 shares, netting a total of over 140,757 in proceeds.
Before that, Preston Michael had added 3,536 shares to its account. In a trade valued at $107,999, the Officer bought AdvanSix Inc shares for $30.54 each.
As published in their initiating research note from Piper Sandler on November 12, 2021, AdvanSix Inc [ASIX] has been an Overweight and the price target has been revised to $58. Analysts at CL King upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early December. As of November 19, 2019, Cowen has reiterated its “Market perform” rating for ASIX. Earlier on August 15, 2019, CL King initiated its rating. Their recommendation was “a Neutral” for ASIX stock.
Analyzing ASIX Stock Performance
During the last five days, there has been a drop of approximately -4.49%. Over the course of the year, AdvanSix Inc shares have dropped approximately -4.49%. Shares of the company reached a 52-week high of $29.05 on 01/02/25 and a 52-week low of $26.65 on 01/08/25. A 50-day SMA is recorded $29.95, while a 200-day SMA reached $27.48. Nevertheless, trading volume fell to 0.12 million shares from 0.18 million shares the previous day.
Support And Resistance Levels for AdvanSix Inc (ASIX)
According to the 24-hour chart, there is a support level at 26.80, which, if violated, would cause prices to drop to 26.40. In the upper region, resistance lies at 27.46. The next price resistance is at 27.72. RSI (Relative Strength Index) is 32.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.48, which suggests the price will decrease in the coming days. Percent R is at 85.93%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
