Avient AVNT
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Avient (AVNT) Business Model and Operations Summary
Avient Corp manufactures and sells various chemical and plastic-based products to designers and plastic processors. The firm operates in two segments: Color, Additives and Inks, and Specialty Engineered Materials. The company's product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The color, additives, & ink segment and the distribution segment together generate a vast majority of revenue. More than half of the total revenue is derived from the United States.
Key Insights
Avient (AVNT) Core Market Data and Business Metrics
Latest Closing Price
$37.87Market Cap
$3.37 BillionPrice-Earnings Ratio
20.58Total Outstanding Shares
91.44 Million SharesTotal Employees
9,200Dividend
$0.27 Per Share QuarterlyIPO Date
September 13, 1999SIC Description
Plastic Materials, Synth Resins & Nonvulcan ElastomersPrimary Exchange
New York Stock ExchangeHeadquarters
33587 Walker Road, Avon Lake, OH, 44012
Historical Stock Splits
If you bought 1,000 shares of AVNT before March 15, 2010, you'd have 1 share today.
| Execution Date | Split Amount |
|---|---|
| March 15, 2010 | 1-for-1000 (Reverse Split) |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 675,868 Shares | 2.5 | 3/14/2025 | 1,687,668 Shares |
| 690,113 Shares | 2.24 | 2/28/2025 | 1,548,630 Shares |
| 595,283 Shares | 2.34 | 2/14/2025 | 1,393,107 Shares |
| 505,235 Shares | 2.85 | 1/31/2025 | 1,441,829 Shares |
| 558,746 Shares | 2.64 | 1/15/2025 | 1,477,288 Shares |
| 686,286 Shares | 2.01 | 12/31/2024 | 1,377,004 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $256.80 Million |
| Exchange Gains/Losses | $-16.60 Million |
| Net Cash Flow From Operating Activities | $256.80 Million |
| Net Cash Flow From Financing Activities, Continuing | $-120.90 Million |
| Net Cash Flow From Investing Activities | $-120.60 Million |
| Net Cash Flow From Investing Activities, Continuing | $-120.60 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Preferred Stock Dividends And Other Adjustments | $0 |
| Basic Average Shares | $91.30 Million |
| Income/Loss From Continuing Operations Before Tax | $224.80 Million |
| Operating Income/Loss | $329.30 Million |
| Interest And Dividend Income, Operating | $50.10 Million |
| Costs And Expenses | $3.02 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $79.10 Million |
| Comprehensive Income/Loss | $80.30 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $1.20 Million |
| Other Comprehensive Income/Loss | $-90.40 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Long-term Debt | $2.07 Billion |
| Noncurrent Liabilities | $2.73 Billion |
| Accounts Payable | $417.40 Million |
| Equity Attributable To Noncontrolling Interest | $15.80 Million |
| Inventory | $346.80 Million |
| Current Liabilities | $756.10 Million |
Historical Dividends
Current dividend: $0.27 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 10, 2025 | Apr 4, 2025 | Mar 18, 2025 | $0.27 | Quarterly |
| Oct 9, 2024 | Jan 8, 2025 | Dec 13, 2024 | $0.27 | Quarterly |
| Jul 11, 2024 | Oct 9, 2024 | Sep 13, 2024 | $0.2575 | Quarterly |
| May 16, 2024 | Jul 10, 2024 | Jun 21, 2024 | $0.2575 | Quarterly |
| Feb 12, 2024 | Apr 5, 2024 | Mar 19, 2024 | $0.2575 | Quarterly |
| Oct 12, 2023 | Jan 5, 2024 | Dec 15, 2023 | $0.2575 | Quarterly |