Avient Corp (NYSE:AVNT) shares, rose in value, with the stock price up by 1.27% to the previous day’s close as strong demand from buyers drove the stock to $31.20.
Actively observing the price movement in the last trading, the stock closed the session at $30.81, falling within a range of $30.695 and $31.805. The value of beta (5-year monthly) was 1.422 whereas the PE ratio was 16.96 over 12-month period. Referring to stock’s 52-week performance, its high was $54.68, and the low was $27.86. On the whole, AVNT has fluctuated by -22.92% over the past month.
With the market capitalization of Avient Corp currently standing at about $2.86 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-12. The company’s Forward Dividend Ratio is 1.05, with its dividend yield at 3.38%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.26B, with a low estimate of 813M and a high estimate of 843.39M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 833.5M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AVNT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.58, with the price of AVNT currently trading nearly -8.99% and -19.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.68, while the 7-day volatility ratio is showing 3.99% which for the 30-day chart, stands at 5.65%. Furthermore, Avient Corp (AVNT)’s beta value is 1.42, and its average true range (ATR) is 1.92.
A comparison of Avient Corp (AVNT) with its peers suggests the former has fared considerably weaker in the market. AVNT showed an intraday change of 1.27% in last session, and over the past year, it shrunk by -25.32%%.
Data on historical trading for Avient Corp (NYSE:AVNT) indicates that the trading volumes over the past 10 days have averaged 1.06 and over the past 3 months, they’ve averaged 707.86K. According to company’s latest data on outstanding shares, there are 91.40 million shares outstanding.
Nearly 2.07% of Avient Corp’s shares belong to company insiders and institutional investors own 98.42% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.77 million shares as on 2025-03-31, resulting in a short ratio of 2.68. According to the data, the short interest in Avient Corp (AVNT) stood at 255.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.55 million. The stock has fallen by -23.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AVNT stock heading into the next quarter.
