How to Buy Ascent Industries Co Stock
Ascent Industries Co
Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally.
Ascent Industries Co stock last closed at $10.39, up 0.19% from the previous day, and has increased 8.4% in one year. It has underperformed other stocks in the Steel industry by 0.11 percentage points. Ascent Industries Co stock is currently +44.31% from its 52-week low of $7.20, and -7.15% from its 52-week high of $11.19.
At the moment, there are 10.12M ACNT shares outstanding. The market cap of ACNT is $105.20M. In the past 24 hours, 2279 ACNT shares were traded.
How to Buy Ascent Industries Co Stock
Wondering how to invest in Ascent Industries Co stock? Here's how.
- Choose where to buy Ascent Industries Co stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Ascent Industries Co stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your method of payment and add your details.
- Evaluate Ascent Industries Co stock: The Ascent Industries Co ticker symbol is ACNT. Is Ascent Industries Co stock a good investment? Should you buy shares of ACNT? How do ACNT's underlying business fundamentals look? Do top analysts think Ascent Industries Co is a good buy? Why has ACNT's stock price moved recently? (Hint: Our stock research tools can help you evaluate if ACNT is a good stock to buy).
- Execute your ACNT purchase: Decide if you will purchase ACNT shares at the current market price or use a limit order to buy ACNT shares at a particular price.
- Get key alerts regarding your ACNT investment: Create a watchlist to get the latest news on your investment in Ascent Industries Co stock.
Step 1: Choose where to buy Ascent Industries Co stock
You need an online brokerage account in order to access the NASDAQ market and buy ACNT shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you are able to buy ACNT stock today.
How to Start a New 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 data to open your new trading account.
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Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on the best stock app to use, you need to deposit funds:
Watch the tutorial below for more details transferring money into your new investment account.
Step 4: Evaluate Ascent Industries Co stock
Once you have decided on the best place to buy Ascent Industries Co stock, it's important to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
Ascent Industries Co Numbers
ACNT Fundamentals
WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on ACNT's stock page.
How is ACNT stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge ACNT's true value.
Using relative valuations ratios:
- ACNT could be overvalued based on its P/B ratio of 0.98x, relative to Steel industry P/B ratio of 0.95x
You can access more valuation analysis on ACNT's stock here.
ACNT Financial Health
Pros:
- There are more short-term assets than short-term liabilities on the ACNT balance sheet.
- ACNT's operating cash flow of $23.08M allows it to safely service it's debt of $32.83M.
- Total ACNT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ACNT balance sheet.
Cons:
- ACNT profit margin has gone down from 8.4% to -13.8% in the past year.
- ACNT earnings of -$29.32M is not sufficient to cover its interest payments.
- ACNT has a relatively high debt to equity ratio of 0.52.
You can dive deeper into what analysts are projecting on the Ascent Industries Co stock forecast page.
ACNT Technical Indicators
ACNT Growth Metrics
Last year, ACNT revenue was $193.18M. During the last five year, ACNT's revenue has grown by -7.21% per year. This was slower than the Steel industry average of 7.51%.
Learn more about ACNT's earnings and revenue performance here.
Are ACNT insiders buying or selling the stock?
Over the last 12 months, insiders at ACNT have bought more shares than they have sold.
Christopher Gerald Hutter, Director of ACNT, was the latest ACNT insider to buy. They bought $33,427.68 worth of ACNT stock on Feb 10, 2024.
Learn more about who owns ACNT stock here.
Does ACNT provide a stable income stream?
No, Ascent Industries Co doesn't provide an income stream by paying out dividends.
ACNT Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your ACNT purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Click the Open button and eToro will execute your order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your ACNT investment
Now that you own some ACNT stock, you'll want to stay up-to-date on your investment.
Create a watchlist to monitor your ACNT stock.
ACNT Feed
How to Buy Stock in Ascent Industries Co
To reiterate, here are the 6 steps you need to take to buy Ascent Industries Co stock right now:
- Choose where to buy Ascent Industries Co stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Ascent Industries Co stock
- Execute your ACNT purchase
- Get key alerts regarding your ACNT investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Ascent Industries Co, click the button below.
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