Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ascent Industries Co shares valued at $50,610 were purchased by Srinivas Ravi Ramesh on Mar 21 ’25. At $12.65 per share, Srinivas Ravi Ramesh acquired 4,000 shares. The insider’s holdings grew to 12,000 shares worth approximately $0.15 million following the completion of this transaction.
Also, Hutter Christopher Gerald sold 15,010 shares, netting a total of over 182,576 in proceeds. Following the sale of shares at $12.16 each, the insider now holds 209,233 shares.
Before that, Hutter Christopher Gerald had added 15,010 shares to its account. In a trade valued at $186,874, the Director bought Ascent Industries Co shares for $12.45 each.
As published in their initiating research note from Stifel on June 02, 2023, Ascent Industries Co [ACNT] has been a Buy and the price target has been revised to $20.
Analyzing ACNT Stock Performance
During the last five days, there has been a surge of approximately 1.59%. Over the course of the year, Ascent Industries Co shares have jumped approximately 14.49%. Shares of the company reached a 52-week high of $13.13 on 03/24/25 and a 52-week low of $10.76 on 01/22/25. A 50-day SMA is recorded $12.04, while a 200-day SMA reached $10.69.
Support And Resistance Levels for Ascent Industries Co (ACNT)
According to the 24-hour chart, there is a support level at 12.42, which, if violated, would cause prices to drop to 12.04. In the upper region, resistance lies at 13.08. The next price resistance is at 13.36. RSI (Relative Strength Index) is 58.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.01, which suggests the price will decrease in the coming days. Percent R is at 26.67%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
