Ascent Industries (NASDAQ:ACNT – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, August 6th. Persons interested in registering for the company’s earnings conference call can do so using this link.
Ascent Industries (NASDAQ:ACNT – Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.36) by ($0.05). Ascent Industries had a negative net margin of 13.32% and a negative return on equity of 15.96%. The company had revenue of $44.11 million during the quarter, compared to analysts’ expectations of $39.80 million.
Ascent Industries Price Performance
Ascent Industries stock traded down $0.15 during mid-day trading on Tuesday, reaching $9.95. 391 shares of the company traded hands, compared to its average volume of 8,263. The company has a current ratio of 3.06, a quick ratio of 1.25 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average is $9.97 and its two-hundred day moving average is $10.18. Ascent Industries has a fifty-two week low of $7.20 and a fifty-two week high of $11.19.
Insider Activity at Ascent Industries
About Ascent Industries
Ascent Industries Co an industrials company, produces and distributes stainless steel pipe and tube and specialty chemicals in the United States and internationally. The company operates through two segments, Tubular Products and Specialty Chemicals. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and ornamental stainless steel tubes for automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries.
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