How to Buy Advansix Stock
Advansix Inc
Advansix is a chemical company located in New Jersey, United States, which is part of the Basic Materials sector, and is traded under the ticker ASIX on the NYSE exchange.
Advansix stock last closed at $32.87, up 1.23% from the previous day, and has increased 20.76% in one year. It has overperformed other stocks in the Chemicals industry by 0.37 percentage points. Advansix stock is currently +57.57% from its 52-week low of $20.86, and -0.27% from its 52-week high of $32.96.
As of Dec 2, 2024, there are 26.73M ASIX shares outstanding. The market cap of ASIX is $878.65M. In the past 24 hours, 150,540 ASIX shares were traded.
How to Buy Advansix Stock
Not sure how to invest in Advansix stock? Here's how.
- Decide where to buy Advansix stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Advansix stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your details.
- Analyze Advansix stock: The Advansix ticker symbol is ASIX. Is Advansix stock a good investment? Should you buy shares of ASIX? How do ASIX's underlying business fundamentals look? Do top analysts think Advansix is a good buy? Why has ASIX's stock price moved recently? (Hint: Our stock market research website can help you understand if ASIX is a good stock to buy).
- Make your ASIX purchase: Decide if you will purchase ASIX shares at the current market price or use a limit order to purchase ASIX shares at a particular price.
- Watch your ASIX position: Create a watchlist to monitor your investment in Advansix stock.
Step 1: Decide where to buy Advansix stock
You will need an online brokerage account in order to access the NYSE market and buy ASIX shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you are able to invest in ASIX today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on apps for stocks, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help depositing funds into your new investment account.
Step 4: Analyze Advansix stock
Once you have identified the best place to buy Advansix stock, it's important to research their stock before you invest, so you can comprehend the risk as well as the upside.
Advansix quick stats
ASIX Fundamentals
WallStreetZen was created to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on ASIX's stock page.
How is ASIX stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge ASIX's true value.
Using relative valuations ratios:
- ASIX may be overvalued based on its P/E ratio of 22.67x, relative to Chemicals industry P/E ratio of 15.84x
- ASIX may be undervalued based on its P/B ratio of 1.15x, relative to Chemicals industry P/B ratio of 1.43x
You can do more valuation analysis on ASIX's stock here.
ASIX Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the ASIX balance sheet.
- Total ASIX debt is lower than 5 years ago, relative to shareholder equity.
- ASIX has $17.30M in cash and short term investments. This is enough to cover its annual cash burn of $6.31M.
- ASIX has cash burn of 6308000. It has enough cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- ASIX has a relatively high debt to equity ratio of 0.97.
- ASIX profit margin has gone down from 6% to 2.5% in the past year.
- There are more long-term liabilities than short-term assets on the ASIX balance sheet.
Is ASIX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who give forecasts on ASIX, the consensus analyst rating on Advansix is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Advansix stock forecast page.
ASIX Momentum
How is ASIX performing as a company?
Last year, ASIX earnings were $38.72M. In the past 5 year, ASIX's earnings have increased by -8.25% per year. This was slower than the Chemicals industry average of -4.26%.
Last year, ASIX revenue was $1.57B. During the past five year, ASIX's revenue has gone up by 2.96% per year. This was faster than the Chemicals industry average of 1.63%.
Dive into ASIX's earnings and revenue performance here.
Are ASIX executives and large shareholders buying or selling the stock?
Over the past 12 months, insiders at ASIX have sold more shares than they have bought.
Christopher Gramm, Controller of ASIX, was the latest ASIX insider to sell. They sold $62,432.00 worth of ASIX shares on Nov 25, 2024.
Learn more about who owns ASIX stock here.
Does ASIX stock generate passive income?
Advansix pays a dividend of 1.95%, compared to the Chemicals industry's average dividend yield of 3.39%. If you owned $1,000 of ASIX stock, you would have been paid $19.47 in the past 12 months.
Get more data about Advansix dividend yield and history here.
What do other investors have to say about ASIX?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your ASIX purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Watch your ASIX position
Now that you own some shares in ASIX, you'll want to stay up-to-date on your investment.
Start a watchlist to track your ASIX stock.
ASIX Feed
How to Buy Stock in Advansix
To summarize, here are the 6 steps to buy Advansix stock:
- Decide where to buy Advansix stock
- Open a brokerage account
- Deposit money your investment account
- Analyze Advansix stock
- Make your ASIX purchase
- Watch your ASIX position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Advansix, create a watchlist today.
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