Avient Corp (AVNT) concluded trading on Wednesday at a closing price of $51.28, with 0.49 million shares of worth about $25.28 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.02% during that period and on November 27, 2024 the price saw a loss of about -2.32%. Currently the company’s common shares owned by public are about 91.20M shares, out of which, 89.54M shares are available for trading.
Stock saw a price change of 2.93% in past 5 days and over the past one month there was a price change of 4.74%. Year-to-date (YTD), AVNT shares are showing a performance of 23.36% which increased to 50.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $33.84 but also hit the highest price of $54.68 during that period. The average intraday trading volume for Avient Corp shares is 479.68K. The stock is currently trading 1.65% above its 20-day simple moving average (SMA20), while that difference is up 3.23% for SMA50 and it goes to 13.44% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Avient Corp (NYSE: AVNT) currently have 91.20M outstanding shares and institutions hold larger chunk of about 97.37% of that.
The stock has a current market capitalization of $4.69B and its 3Y-monthly beta is at 1.52. PE ratio of stock for trailing 12 months is 31.53, while it has posted earnings per share of $1.63 in the same period. Its PEG reads 3.15 and has Quick Ratio of 1.21 while making debt-to-equity ratio of 0.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AVNT, volatility over the week remained 2.60% while standing at 3.15% over the month.
Stock’s fiscal year EPS is expected to rise by 12.54% while it is estimated to increase by 11.04% in next year. EPS is likely to grow at an annualized rate of 10.00% for next 5-years, compared to annual growth of -16.13% made by the stock over the past 5-years.
Coverage by Deutsche Bank stated Avient Corp (AVNT) stock as a Buy in their note to investors on August 07, 2024, suggesting a price target of $52 for the stock. On November 06, 2023, Deutsche Bank Downgrade their recommendations, while on February 16, 2023, Oppenheimer Upgrade their ratings for the stock with a price target of $50. Stock get a Buy rating from Deutsche Bank on October 17, 2022.