Stock Mover of The Day: A Reversal for AdvanSix Inc Is Not Near. The Stock Rises Again

Stock Mover of The Day: A Reversal for AdvanSix Inc Is Not Near. The Stock Rises Again

The stock of AdvanSix Inc (NYSE:ASIX) is a huge mover today! About 169,555 shares traded hands. AdvanSix Inc (NYSE:ASIX) has risen 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.
The move comes after 5 months positive chart setup for the $547.74 million company. It was reported on Nov, 18 by Barchart.com. We have $26.24 PT which if reached, will make NYSE:ASIX worth $268.39M more.

According to Zacks Investment Research, “AdvanSix Inc. is a producer and supplier of Nylon 6 materials. The company’s polymer resin sold under the Aegis(R) brand to produce engineered plastics, fibers, filaments and films which in turn used in end products such as automotive and electronic components, carpets, sports apparel, fishing nets and food as well as industrial packaging. AdvanSix also produces caprolactam, the main feedstock for producing nylon; Caprannylon film(R); Sulf-N (R) ammonium sulfate fertilizers and chemical intermediates, including phenol, acetone, and Nadone (R) cyclohexanone. AdvanSix Inc. is based in Morris Plains, United States.”

More notable recent AdvanSix Inc (NYSE:ASIX) news were published by: Forbes.com which released: “Digging Into Honeywell’s AdvanSix Spinoff” on June 03, 2016, also Businesswire.com with their article: “AdvanSix Announces Third Quarter 2016 Financial Results” published on November 10, 2016, Seekingalpha.com published: “AdvanSix: Post Spin-Off” on October 13, 2016. More interesting news about AdvanSix Inc (NYSE:ASIX) were released by: Seekingalpha.com and their article: “Digging Deeper Into Honeywell’s Upcoming AdvanSix Spin-Off” published on September 09, 2016 as well as Marketwatch.com‘s news article titled: “Honeywell to pay spinoff dividend for its AdvanSix business on Oct. 1” with publication date: September 07, 2016.

ASIX Company Profile

AdvanSix Inc. is a maker of Nylon 6, a polymer resin, which is a synthetic material used in the production of engineered plastics, fibers, filaments and films are used in various end-products. The Company’s end-products include automotive and electronic components, carpets, sports apparel, fishing nets, and food and industrial packaging.

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