AdvanSix Inc (NYSE:ASIX) Director Michael Marberry acquired 574 shares of AdvanSix stock in a transaction dated Thursday, March 8th. The shares were acquired at an average price of $43.51 per share, with a total value of $24,974.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Michael Marberry also recently made the following trade(s):
- On Thursday, December 14th, Michael Marberry acquired 625 shares of AdvanSix stock. The shares were acquired at an average price of $40.00 per share, with a total value of $25,000.00.
AdvanSix Inc (ASIX) opened at $43.81 on Monday. AdvanSix Inc has a 52-week low of $24.72 and a 52-week high of $46.51. The stock has a market capitalization of $1,335.42, a P/E ratio of 9.32 and a beta of 0.62. The company has a current ratio of 1.31, a quick ratio of 0.87 and a debt-to-equity ratio of 0.66.
Large investors have recently made changes to their positions in the stock. Macquarie Group Ltd. bought a new stake in AdvanSix during the third quarter worth approximately $123,000. Spirit of America Management Corp NY raised its holdings in AdvanSix by 1,693.5% during the fourth quarter. Spirit of America Management Corp NY now owns 4,448 shares of the company’s stock worth $187,000 after purchasing an additional 4,200 shares in the last quarter. Virtu Financial LLC bought a new stake in AdvanSix during the fourth quarter worth approximately $219,000. AMP Capital Investors Ltd bought a new stake in AdvanSix during the fourth quarter worth approximately $244,000. Finally, Stifel Financial Corp bought a new stake in AdvanSix during the third quarter worth approximately $212,000. 77.95% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts have recently issued reports on ASIX shares. ValuEngine upgraded AdvanSix from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th. Zacks Investment Research downgraded AdvanSix from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 28th.
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AdvanSix Inc is an integrated manufacturer of Nylon 6. The Company also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process primarily, including caprolactam, ammonium sulfate fertilizers and other chemical intermediates. The Company operates primarily through its integrated manufacturing sites located in Frankford, Pennsylvania, Hopewell, Virginia, and Chesterfield, Virginia.
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