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 $26.01, up 0.42% from the previous day, and has decreased 29.55% in one year. It has underperformed other stocks in the Chemicals industry by 0.47 percentage points. Advansix stock is currently +8.71% from its 52-week low of $23.93, and -36.34% from its 52-week high of $40.86.
At the moment, there are 26.7M ASIX shares outstanding. The market value of ASIX is $694.47M. In the last 24 hours, 78,569 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 decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Advansix stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your method of payment and add your info.
- 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 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 buy ASIX stock at a particular price.
- Watch your ASIX position: Create a watchlist to important notifications about your new investment in Advansix shares.
Step 1: Decide where to buy Advansix stock
You need an online brokerage account in order to access the NYSE market and buy ASIX shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in ASIX stock today.
How to Open a New Investment 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.
- Input your personal info to open a new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on the stock trading app, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Analyze Advansix stock
After you have chosen the best place to buy Advansix stock, it's important to research their stock prior to investing, so you can understand the risk as well as the opportunity.
Advansix stock quick numbers
Advansix Due Diligence Checks
WallStreetZen was created to help average investors perform better fundamental analysis.
You can view all of the due diligence checks on ASIX's stock page.
Is ASIX stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge ASIX's fair value.
Using relative valuations measures:
- ASIX could be undervalued based on its P/E ratio of 13.01x, relative to Chemicals industry P/E ratio of 22.62x
- ASIX may be undervalued based on its P/B ratio of 0.94x, relative to Chemicals industry P/B ratio of 1.97x
You can do more valuation research on ASIX's stock here.
ASIX Financial Overview
Passed Financial Due Diligence Checks:
- Total ASIX debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ASIX balance sheet.
- There are more short-term assets than short-term liabilities on the ASIX balance sheet.
- ASIX earnings of $76.71M is not enough to cover its interest payments.
- ASIX's operating cash flow of $117.55M allows it to safely service it's debt of $266.01M.
Failed Financial Due Diligence Checks:
- ASIX has a relatively high debt to equity ratio of 1.02.
- ASIX profit margin has gone down from 8.8% to 3.6% in the past year.
Is ASIX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who give ratings on ASIX, the consensus analyst rating on Advansix is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Advansix stock forecast page.
ASIX Trading Indicators
ASIX Performance Numbers
Last year, ASIX earnings were $54.62M. In the past 5 year, ASIX's earnings have gone up by -1.89% per year. This was faster than the Chemicals industry average of -9.2%.
Last year, ASIX revenue was $1.53B. During the last 5 year, ASIX's revenue has gone up by 0.24% per year. This was slower than the Chemicals industry average of 1.02%.
Dive into ASIX's earnings and revenue performance here.
Latest Insiders Trades at ASIX
In the last 12 months, insiders at ASIX have sold more shares than they have bought.
Erin N. Kane, Chief Executive Officer of ASIX, was the latest ASIX insider to sell. They sold $84,296.16 worth of ASIX stock on Apr 4, 2024.
Research more about who owns ASIX shares here.
Does ASIX provide a stable income stream?
Advansix pays a dividend of 2.4%, compared to the Chemicals industry's average dividend yield of 3.28%. If you owned $1,000 worth of ASIX stock, you would have received $24.03 in the past year.
Dig into more info about Advansix dividend yield and history here.
What others are saying about ASIX
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your ASIX purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you want additional help with buying stocks on eToro, click the helpful 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 new shares.
Start a watchlist to see the latest developments about your ASIX stock.
ASIX Feed
How to Buy Stock in Advansix
To reiterate, here are the 6 steps to buy stock in Advansix:
- 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 require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Advansix, click below.
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