Avient Corp’s recent filing unveils that its SVP, Mergers & Acquisitions Rathbun Joel R. unloaded Company’s shares for reported $0.3 million on Nov 07 ’24. In the deal valued at $51.45 per share,5,762 shares were sold. As a result of this transaction, Rathbun Joel R. now holds 0 shares worth roughly $0.0.
Then, Rathbun Joel R. bought 5,762 shares, generating $296,441 in total proceeds.
Before that, Rathbun Joel R. sold 11,698 shares. Avient Corp shares valued at $507,218 were divested by the SVP, Mergers & Acquisitions at a price of $43.36 per share. As a result of the transaction, Rathbun Joel R. now holds 0 shares, worth roughly $0.0.
Seaport Research Partners upgraded its Avient Corp [AVNT] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who decreased its forecast for the stock in mid October from “a Buy” to “a Neutral”. Deutsche Bank also remained covering AVNT and has increased its forecast on August 07, 2024 with a “Buy” recommendation from previously “Hold” rating. Deutsche Bank revised its rating on November 06, 2023. It rated AVNT as “a Hold” which previously was an “a Buy”.
Price Performance Review of AVNT
On Tuesday, Avient Corp [NYSE:AVNT] saw its stock fall -0.32% to $43.20. Over the last five days, the stock has lost -2.28%. Avient Corp shares have risen nearly 5.73% since the year began. Nevertheless, the stocks have risen 10.01% over the past one year. While a 52-week high of $54.68 was reached on 02/13/25, a 52-week low of $37.63 was recorded on 01/10/25. SMA at 50 days reached $42.47, while 200 days put it at $45.75.
Levels Of Support And Resistance For AVNT Stock
The 24-hour chart illustrates a support level at 42.76, which if violated will result in even more drops to 42.31. On the upside, there is a resistance level at 44.00. A further resistance level may holdings at 44.79. The Relative Strength Index (RSI) on the 14-day chart is 51.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.16%. Stochastics %K at 57.21% indicates the stock is a holding.
