Ascent Industries Co. (ACNT)
Ascent Industries Co. operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Schaumburg, IL, US. The stock last traded at $14.70, up 0.41% on the session, giving a market capitalisation of $132.9M. On trailing twelve-month figures it carries a trailing P/E of -31.28, a net margin of -5.3%. Its beta of 0.50 implies it has historically moved less than the broad market.
Ascent Industries Co. engages in the development, production, and distribution of specialty chemical solutions. It offers surfactants, defoamers, lubricating agents, flame retardants, and specialty intermediates in petroleum-based and bio-based formulations. The company also provides custom manufacturing services, including product development, process optimization, scale-up, and commercial production. It serves the oil and gas; household, industrial and institutional; personal care; coatings, adhesives, sealants and elastomers; pulp and paper; textile; automotive; agricultural; water treatment; construction; and other industries. 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 Schaumburg, Illinois.
Ascent Industries Co. is most often compared with the following Basic Materials names: