Ascent Industries Co. (ACNT) stock declined over -3.73%, trading at $9.01 on NASDAQ, down from the previous close of $9.36. The stock opened at $9.32, fluctuating between $9.01 and $9.32 in the recent session.
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. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless-steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; provides fiberglass and steel storage tanks for the oil and gas, waste water treatment, and municipal water industries; and distributes hot finish, seamless, carbon steel pipes, and tubes for use in mechanical and high-pressure applications in the oil and gas, heavy industrial, construction equipment, and chemical and other industries. In addition, it produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. Further, the company provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is headquartered in Oak Brook, Illinois.
Employees | 514 |
Beta | 0.795 |
Sales or Revenue | $193.18M |
5Y Sales Change% | -0.402% |
Fiscal Year Ends | December |
Sector | Basic Materials |
Industry | Steel |
Ascent Industries Co. (NASDAQ: ACNT) stock price is $9.01 in the last trading session. During the trading session, ACNT stock reached the peak price of $9.32 while $9.01 was the lowest point it dropped to. The percentage change in ACNT stock occurred in the recent session was -3.73% while the dollar amount for the price change in ACNT stock was -$0.35.
The NASDAQ listed ACNT is part of Steel industry that operates in the broader Basic Materials sector. Ascent Industries Co. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Robert A. Peay
Corporation Sec.
Mr. John C. Tidlow
Executive Vice President of Synalloy Metals Inc
Mr. Timothy J. Lynch
Executive Vice President of Ascent Tubular Products
Mr. Douglas Glenn Tackett Jr.
Chief Legal Officer & Corporation Sec.
Mr. Aaron M. Tam
Chief Financial Officer
Mr. Benjamin L. Rosenzweig
Executive Chairman
Mr. John R. Zuppo III
Executive Vice President of Ascent Chemicals
Mr. William S. Steckel
Chief Financial Officer
Mr. Sean Parker
Executive Vice President of HR
Mr. Christopher Gerald Hutter
Pres, Chief Executive Officer & Director
ACNT's closing price is 30% higher than its 52-week low of $7.20 where as its distance from 52-week high of $11.19 is -16.35%.
Number of ACNT employees currently stands at 514.
Official Website of ACNT is: https://www.ascentco.com
ACNT could be contacted at phone 804 822 3260 and can also be accessed through its website. ACNT operates from 1400 16th Street, Oak Brook, IL 60523, United States.
ACNT stock volume for the day was 23.74K shares. The average number of ACNT shares traded daily for last 3 months was 43.16K.
The market value of ACNT currently stands at $91.22M with its latest stock price at $9.01 and 10.12M of its shares outstanding.
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