Ascent Industries Stock (NASDAQ:ACNT)
Previous Close
$11.33
52W Range
$7.98 - $12.38
50D Avg
$10.30
200D Avg
$10.11
Market Cap
$111.12M
Avg Vol (3M)
$36.45K
Beta
0.79
Div Yield
-
ACNT Company Profile
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.
ACNT Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
Product/Service | Dec 22 | Dec 21 |
---|---|---|
Seamless Carbon Steel Pipe And Tube | $48.23M | $40.54M |
Fiberglass and Steel Liquid Storage Tanks and Separation Equipment | $411.00K | - |
Galvanized Pipe | $35.08M | $38.70M |
Stainless Steel Pipe | $222.89M | $186.65M |
Fiberglass Steel Liquid Storage Tanks Separation Equipment | - | $1.34M |
Specialty Chemicals | - | $67.48M |