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Understanding the Risks of Investing in Ascent Industries Co (ACNT)

In a filing, Ascent Industries Co revealed its VP, Sales & Bus. Development Pan Anthony X acquired Company’s shares for reported $46680.0 on May 14 ’25. In the deal valued at $11.67 per share,4,000 shares were bought. As a result of this transaction, Pan Anthony X now holds 14,570 shares worth roughly $0.18 million.

Then, Pan Anthony X bought 1,400 shares, generating $16,310 in total proceeds. Upon buying the shares at $11.65, the VP, Sales & Bus. Development now owns 2,693 shares.

Before that, Srinivas Ravi Ramesh bought 4,000 shares. Ascent Industries Co shares valued at $50,610 were divested by the VP, Operations – Chemicals at a price of $12.65 per share. As a result of the transaction, Srinivas Ravi Ramesh now holds 12,000 shares, worth roughly $0.15 million.

Stifel initiated its Ascent Industries Co [ACNT] rating to a Buy in a research note published on June 02, 2023; the price target was $20.

Price Performance Review of ACNT

On Friday, Ascent Industries Co [NASDAQ:ACNT] saw its stock jump 3.42% to $12.39. Over the last five days, the stock has lost -3.65%. Ascent Industries Co shares have risen nearly 10.82% since the year began. Nevertheless, the stocks have risen 21.95% over the past one year. While a 52-week high of $13.33 was reached on 05/06/25, a 52-week low of $8.16 was recorded on 01/22/25. SMA at 50 days reached $12.66, while 200 days put it at $10.99.

Levels Of Support And Resistance For ACNT Stock

The 24-hour chart illustrates a support level at 12.09, which if violated will result in even more drops to 11.80. On the upside, there is a resistance level at 12.58. A further resistance level may holdings at 12.78. The Relative Strength Index (RSI) on the 14-day chart is 45.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.27%. Stochastics %K at 29.23% indicates the stock is a holding.

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