Daily Progress: Ashland Inc (ASH) Drop -0.90, Closing at 48.66

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

In the latest session, Ashland Inc (NYSE: ASH) closed at $48.66 down -0.90% from its previous closing price of $49.10. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 0.57 million shares were traded. ASH stock price reached its highest trading level at $49.75 during the session, while it also had its lowest trading level at $48.64.

Ratios:

For a deeper understanding of Ashland Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.65. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.55.

On March 26, 2025, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $68 to $71.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 31 ’25 when NOVO GUILLERMO bought 31,294 shares for $64.24 per share. The transaction valued at 2,010,327 led to the insider holds 31,294 shares of the business.

Assis Alessandra Faccin bought 3,150 shares of ASH for $201,600 on Jan 31 ’25. The SVP and GM, Life Sciences now owns 3,150 shares after completing the transaction at $64.00 per share. On Dec 05 ’24, another insider, BONI ERIC N, who serves as the VP, Finance & Prinpl Acctg Off of the company, sold 451 shares for $78.07 each. As a result, the insider received 35,210 and left with 14,182 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASH now has a Market Capitalization of 2223494400 and an Enterprise Value of 3542496000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 1.818 whereas that against EBITDA is 8.683.

Stock Price History:

The Beta on a monthly basis for ASH is 0.51, which has changed by -0.49580353 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, ASH has reached a high of $98.99, while it has fallen to a 52-week low of $45.21. The 50-Day Moving Average of the stock is -4.00%, while the 200-Day Moving Average is calculated to be -28.27%.

Shares Statistics:

For the past three months, ASH has traded an average of 674.69K shares per day and 537460 over the past ten days. A total of 45.69M shares are outstanding, with a floating share count of 45.16M. Insiders hold about 1.17% of the company’s shares, while institutions hold 94.27% stake in the company. Shares short for ASH as of 1748563200 were 1530212 with a Short Ratio of 2.27, compared to 1745971200 on 1340035. Therefore, it implies a Short% of Shares Outstanding of 1530212 and a Short% of Float of 3.3800002000000005.

Dividends & Splits

According to the company, the forward annual dividend rate for ASH is 1.63, from 1.62 in the trailing year. Against a Trailing Annual Dividend Yield of 0.03299389The stock’s 5-year Average Dividend Yield is 1.57. The current Payout Ratio is 46.75% for ASH, which recently paid a dividend on 2025-05-30 with an ex-dividend date of 1748563200. Stock splits for the company last occurred on 2017-05-15 when the company split stock in a 511:250 ratio.

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