Ashland Inc (NYSE: ASH) kicked off on Tuesday, up 4.42% from the previous trading day, before settling in for the closing price of $50.28. Over the past 52 weeks, ASH has traded in a range of $45.21-$98.44.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales slided by -15.86%. While this was happening, its average annual earnings per share was recorded -13.47%. With a float of $45.16 million, this company’s outstanding shares have now reached $45.69 million.
The extent of productivity of a business whose workforce counts for 3200 workers is very important to gauge. In terms of profitability, gross margin is 31.28%, operating margin of -7.44%, and the pretax margin is -11.03%.
Ashland Inc (ASH) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Ashland Inc is 1.17%, while institutional ownership is 94.27%. The most recent insider transaction that took place on Jan 31 ’25, was worth 2,010,327. In this transaction Chair of the Board and CEO of this company bought 31,294 shares at a rate of $64.24, taking the stock ownership to the 31,294 shares. Before that another transaction happened on Jan 31 ’25, when Company’s SVP and GM, Life Sciences bought 3,150 for $64.00, making the entire transaction worth $201,600. This insider now owns 3,150 shares in total.
Ashland Inc (ASH) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -13.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.83% during the next five years compared to -15.86% drop over the previous five years of trading.
Ashland Inc (NYSE: ASH) Trading Performance Indicators
Take a look at Ashland Inc’s (ASH) current performance indicators. Last quarter, stock had a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.23. Likewise, its price to free cash flow for the trailing twelve months is 31.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.23, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 4.81 in one year’s time.
Technical Analysis of Ashland Inc (ASH)
The latest stats from [Ashland Inc, ASH] show that its last 5-days average volume of 0.51 million was inferior to 0.69 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 66.66%.
During the past 100 days, Ashland Inc’s (ASH) raw stochastic average was set at 32.87%, which indicates a significant decrease from 76.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.99% in the past 14 days, which was lower than the 44.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.79, while its 200-day Moving Average is $66.40. Now, the first resistance to watch is $54.20. This is followed by the second major resistance level at $55.89. The third major resistance level sits at $57.99. If the price goes on to break the first support level at $50.40, it is likely to go to the next support level at $48.30. Assuming the price breaks the second support level, the third support level stands at $46.61.
Ashland Inc (NYSE: ASH) Key Stats
The company with the Market Capitalisation of 2.40 billion has total of 45,696K Shares Outstanding. Its annual sales at the moment are 2,113 M in contrast with the sum of 169,000 K annual income. Company’s last quarter sales were recorded 479,000 K and last quarter income was 31,000 K.
